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500.000 Rials
| Issuer | Bank Melli Iran |
|---|---|
| Year | 2000 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Rial (1932-date) |
| Composition | Log in to see details |
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| Obverse description | Pink-toned note with a vignette of the Apadana Palace staircase relief at Persepolis occupying the right portion, rendered in intaglio against a fine guilloche underprint. The denomination 500,000 appears in large numerals at upper left, with Persian calligraphic inscriptions along the top and bottom borders. A circular Bank Melli Iran seal in blue ink appears at center-left, accompanied by serial numbers and a magnetic ink character recognition (MICR) line at the lower margin. |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Pink-toned cheque-form reverse with the inscription IRAN CHEQUE in large Latin letters at upper center, flanked by the denomination 500,000 at upper right and vertical numerals 500,000 at left. The lower portion carries the English legend FIVE HUNDRED THOUSAND RIALS. Blank fields for the bearer's personal details — name, father's name, date of birth, national identification number, and telephone — are printed in Persian script, with a signature line at lower left. |
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| Comments |
By 2000, Iran's inflation-driven denomination spiral had pushed the rial so far that a 500,000-rial note — worth roughly $65 USD at the time of issue — was a practical necessity rather than a prestige piece. Bank Melli Iran, the country's oldest commercial bank and long-serving note-issuing authority before the Central Bank took over that role, had by this point ceded formal currency issuance to Bank Markazi; any 500,000-rial piece attributed solely to Bank Melli warrants close scrutiny of the issuing authority printed on the face.
The P#0 reference signals this note remains unconfirmed in the standard Pick catalogue — a collector's caution flag worth taking seriously before attribution.