Imperial Bank of Persia, 2 Tomans, Tehran, 28 November 1923, black serial number P/D 077277, Walter and McMurray signatures, minor repairs, in PMG holder 25, very fine, a very rare variety
BNB B103h26b, Pick 2 £1,500-£2,000

This lot was sold as part of a special collection, The Mount Damavand Collection of Persian Banknotes.

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This a very unusual example of a note intended for branch issue, but instead being issued in Teheran, and at the very end of the final year of issue for this design. It seems likely this was issued after the official Teheran printings had been used up in preparation for the incoming new designs.