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5.000.000 Rials

Issuer Bank Melli Iran
Year 2000
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Currency Rial (1932-date)
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Obverse description This is a Bank Melli Iran 'Melli Cheque' (ملی چک) for five million rials, with the issuing bank name and branch address in Persian script at upper right. The face bears a vignette of a classical building facade at right, with ornamental guilloche borders and floral corner medallions framing the note. Handwritten annotations, branch stamps in red and blue ink, and a MICR-encoded serial number at the lower margin are characteristic of this bearer cheque format.
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Reverse description The reverse is printed in a warm golden-yellow hue and carries the English inscription 'FIVE MILLION RIALS' at upper left alongside 'MELLI CHEQUE' at upper right, with the numeral '5 000 000' at the lower centre. A ghosted architectural vignette of the Bank Melli branch building appears at left, overlaid with multiple blue and red rubber stamp impressions bearing Persian text and official seals. Handwritten signatures and additional notations in Persian script appear across the surface, consistent with a negotiated and endorsed bearer instrument.
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Comments

Bank Melli Iran's five-million rial denomination dates from a period when chronic inflation had compressed the practical value of Iranian currency to the point where this note, nominally substantial by face value, represented roughly the equivalent of a few US dollars in purchasing power. The rial had been losing ground steadily since the early 1980s, and by 2000 the central bank was effectively printing high denominations just to keep pace with everyday transaction sizes.

The Pick number remains unassigned in standard catalogs, which suggests this may be a late-series or transitional issue not yet fully documented at time of cataloging.

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