1.000 Rials

Pick 70A belongs to a series issued under Bank Melli Iran during a period when the institution operated as both a commercial bank and the de facto central bank — a dual role it held until Bank Markazi Iran was established in 1960. The 1,000 Rial denomination was substantial for everyday use, placing this note firmly in the upper register of routine transactions rather than street commerce.

The guilloche underprint was the primary mechanical security measure, with no watermark recorded for this type — a relatively modest specification that reflects the printing technology and threat environment of the era rather than any oversight.