Description
📌 Basic Information
Country: Iran
Issuer: Bank Markazi Iran (Central Bank of Iran)
Denomination: 500 Rials
Year: 1971
Pick Number: P#93b (as shown on holder)
🎨 Design Details
Front (Obverse):
Portrait of Mohammad Reza Shah Pahlavi (last Shah of Iran) in the center
Persian (Farsi) text including denomination
Intricate floral and geometric patterns
Serial numbers printed in red (visible in your note)
Back (Reverse):
Typically features architectural or cultural imagery (varies slightly by issue)
Decorative traditional Persian motifs
🔍 Condition (Your Note)
Graded by DIM Currency
Grade: Very Fine (VF 25)
Visible:
Moderate circulation wear
Fold lines (center fold clearly visible)
Slight edge wear and aging
💰 Estimated Value (2025 market)
VF (Very Fine): approx. $15 – $35 USD
Higher grades (UNC) can reach $80+ USD
👉 Your graded VF 25 example is likely around:
$20 – $30 USD depending on buyer demand
⭐ Collector Notes
Popular among collectors of:
Middle Eastern currency
Pre-1979 Iranian monarchy notes
Features the last Shah, making it historically significant
Not rare, but desirable in high grade