5000 Dīnār - Moẓaffar od-Dīn Qājār

Moẓaffar od-Dīn became Shah in 1896 following the assassination of his father Naser od-Din, who had ruled for nearly half a century. The new Shah inherited a treasury already strained by concessions sold to foreign interests, and his reign would deepen that pattern — he signed three foreign loans and granted the tobacco regie concession's aftermath was still fresh in public memory. Gold coinage of this early period carries the weight of a monarchy visibly losing financial footing to Russian and British creditors simultaneously.