The Mount Damavand Collection of Persian Banknotes

Bank Melli Iran, obverse die proof for 100 Rials, 1932 (1934), black printing, Hajier and Ala’a signatures, with typed annotations in margins and ink annotations showing the locations of the secret letters hidden in the printing and used to detect forgeries, in PMG holder 63 EPQ, choice uncirculated, unique in this format, secret letters clearly visible under magnification
BNB B111ap, Pick 28p £700-£900

This item has been graded by PMG and has been awarded grade 63 EPQ, choice uncirculated.

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

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Note that reverse proofs were not required for this issue since they were identical to the previous issue. Interesting to see the Persia in margin crossed out and Iran written instead.