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500 Rials Mohammad Rezā Pahlavī

Issuer Bank Markazi Iran
Year 1962-1965
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Size 170 × 78 mm
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Obverse lettering بانک مرکزی ایران
پانصد ریال
(Translation: Bank Markazi Iran / Five Hundred Rials)
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Reverse lettering BANK MARKAZI IRAN
RIALS 500
پانصد ریال
۵۰۰
(Translation: Bank Markazi Iran / Five Hundred Rials / 500)
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Comments

Harrison & Sons held the Bank Markazi Iran contract through much of the 1960s, printing successive signature varieties of this denomination as the central bank cycled through governors — Ebrahim Kashani, Mehdi Samii, and Ali Asghar Poor-Homayoun each appear across the P#74 series. The signature combinations are the primary tool for dating individual examples within the 1962–1965 window, as the printed date is absent from the face entirely.

These notes circulated hard. High-denomination paper in a rapidly modernizing oil economy took real punishment, and genuinely unworn examples from this run are difficult to source.

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