2018-09-07 Fri

The Islamic Republic of Iran also known as Persia is a sovereign state in Western Asia. Iran is the world's 18th-most-populous country and is the second-largest country in the Middle East and the 17th-largest in the world. Tehran is the country's capital and largest city, as well as its leading economic and cultural centre. Iran is home to one of the world's oldest civilizations and has a very rich historical past.

The Iranian Rial was first introduced in 1798 as a coin worth 1,250 dinars or one eighth of a toman. It was reissued after a gap in 1932. The first coins of the second rial currency, introduced in 1932, were in denominations of 1, 2, 5, 10 and 25 dinars, 1?2, 1, 2 and 5 rials, with the 1?2 to 5 rials coins minted in silver. In 1932, notes were issued by the "Bank Melli Iran" in denominations of 5, 10, 20, 50, 100 and 500 rials. 1000 rial notes were introduced in 1935, followed by 200 rial notes in 1951 and 5000 and 10,000 rials in 1952.

Today we are going to discuss a 100 Rials banknote issued in 1985. The note specifications are as follows:

Obverse: Purple on multicoloured underprint. The legend in Arabic script is seen on top panel with the denomination with serial number and signature below it. Portrait of Saddam Ayatollah Moddaress is depicted in the right. The watermark window on right with the denomination in numerals on both top right and bottom left sides.

Reverse: The legend ‘Central Bank of the Islamic Republic of Iran’ with the image of the parliament in the centre. The denomination is in English numeral and in words is seen on the lower panel with the watermark window on the right side.

Image Courtesy: www.Lelong.my