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20 Rials Type 1 Overprint

Issuer Bank Markazi Iran
Year 1979
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Value 20 Rials (20 IRR)
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Obverse lettering Farsi
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Signature(s) Hasan Ali Mehran & Hushang Ansari Denomination on front in "short" Farsi
Hasan Ali Mehran & Hushang Ansari Denomination on front in "long" Farsi
Hasan Ali Mehran & Hushang Ansari Denomination on front in "long" Farsi
Yussef Khoshkish & Mohammad Yeganeh Denomination on front in "long" Farsi
Hasan Ali Mehran & Mohammad Yeganeh Denomination on front in "long" Farsi
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Comments

Pick 110 is a transitional note — a De La Rue-printed Shah-era 20 Rial bearing a revolutionary overprint applied after the Islamic Republic took power in February 1979. The overprint was the new government's expedient solution to a practical problem: existing stocks of printed but unissued notes were already in the pipeline, and reprinting the entire series was neither fast nor cheap. Obliterating the imperial iconography with a stamp was quicker.

The signature combinations are unusually numerous for a single Pick number. Five distinct pairings are recorded, reflecting the rapid ministerial turnover of the early revolutionary period — Ansari, Yeganeh, and Khoshkish cycling through in quick succession as the new administration consolidated control of the central bank.

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