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100 Rials Mohammad Rezā Pahlavī
| Issuer | Bank Markazi Iran |
|---|---|
| Year | 1963 |
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| Composition | Log in to see details |
| Size | 148 × 73 mm |
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| Obverse description | Portrait vignette of Shah Mohammad Reza Pahlavi in military uniform at right, set against a multicolour guilloche underprint incorporating floral and geometric arabesque motifs across the centre field. The issuer's title in Persian script is enclosed within a cartouche at top centre, with the denomination in Persian numerals at each corner and the Persian calendar date at bottom centre. A plain unprinted panel at left serves as the watermark zone. |
|---|---|
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| Protection type | Watermark |
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| Comments |
Pick 77 belongs to the first series issued under Bank Markazi Iran, which had only been established by statute in 1960 to replace Bank Melli Iran as the country's central bank — a structural separation of commercial and central banking functions that the International Monetary Fund had long pressed Tehran to implement. Harrison & Sons, already well established as a security printer for Commonwealth and post-colonial currencies, took on the contract early in the new institution's existence.
The watermark remains the sole mechanical security feature on this issue, a relatively modest specification for the period, though consistent with Harrison's output for several regional central banks at the time.