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1/4 Azadi
| Issuer | Bank Melli Iran |
|---|---|
| Year | 1987-1991 |
| Type | Log in to see details |
| Value | 1/4 Azadi |
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| Composition | Log in to see details |
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| Diameter | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse script | Log in to see details |
| Obverse lettering | علی علی علی علی علی علی بانک ملّی ایران (Translation: Ali [x6] Bank Melli Iran) |
| Reverse description | Central motif depicts the Shrine of Imam Ali ibn Abi Talib (or a similar domed Islamic sanctuary), rendered in fine detail with its distinctive ribbed dome, minarets, and decorated facade, all set within an oval or arched frame. The legend 'بهار آزادی' (Bahar-e Azadi, meaning 'Spring of Freedom') is inscribed in Arabic script along the upper portion of the field. The Solar Hijri date in Eastern Arabic numerals appears in the lower exergue beneath the shrine motif. The design is enclosed by a reeded border consistent with the coin's milled edge. |
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| Additional information |
The Azadi series was introduced by the Islamic Republic in 1979 as a direct replacement for the Pahlavi gold coinage, which carried the deposed Shah's imagery. The quarter Azadi sits at the smallest denomination of this four-coin gold set, which also includes the half, full, and the larger Bahar Azadi. Issued through Bank Melli — Iran's national bank, founded in 1927 to end reliance on the British-controlled Imperial Bank of Persia — these coins circulated as a hedge against the rial's collapse during the Iran-Iraq War years.
The 1987–1991 window encompasses the war's final phase and its immediate economic aftermath, when gold hoarding among Iranian households accelerated sharply.