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5000 Rials 1971 'light panel' issue

Issuer Bank Markazi Iran
Year 1971-1972
Type Standard circulation banknote
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Obverse description Violet and lilac intaglio-printed note with a central vignette of Mohammad Reza Shah Pahlavi in military uniform, set within an ornate scalloped frame. The Bank Markazi Iran title appears in Persian script along the top band, flanked by the denomination numeral 5000 in Persian script at upper corners, with guilloche borders running along all four edges. The denomination پنج هزار ریال is inscribed in Persian script to the right of the portrait, with two signature facsimiles below.
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Signature(s) Khodadad Farmanfarmaian & Dr. Jamshid Amouzegar
Abdol Ali Jahanshahi & Dr. Jamshid Amouzegar
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Comments

The 'light panel' designation distinguishes this issue from the darker security background used on earlier 5000 Rial printings — a modification Harrison & Sons introduced mid-series, likely to improve watermark legibility against the base tinting. The two signature combinations place this note across a narrow administrative window: Farmanfarmaian was governor from 1968 until late 1971, Jahanshahi succeeded him briefly before the Shah's 1973 reorganization of the central bank's leadership structure.

At 5000 Rials, this was the highest denomination in regular circulation during Iran's oil-boom years, and surviving examples with honest wear are less common than their uncirculated counterparts — the note's value discouraged casual handling.

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