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500 Rials = 5 Pahlavi
| Issuer | Banque Mellié Iran |
|---|---|
| Year | |
| Type | Log in to see details |
| Value | Log in to see details |
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| Composition | Log in to see details |
| Size | Log in to see details |
| Shape | Rectangular |
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| Designer(s) | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | بانک ملی ایران پانصد ریال پنج پهلوی |
| Reverse description | Log in to see details |
| Reverse lettering | BANQUE MELLIÉ IRAN CINQ PAHLAVI 500 RIALS |
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| Comments |
Pick 36B belongs to the Banque Mellié Iran series issued before the institution was reorganized and rechartered as Bank Markazi Iran in 1960. The Banque Mellié — formally the National Bank of Iran — had held the note-issuing monopoly since 1928, when Reza Shah ended the decades-long privilege of the British-controlled Imperial Bank of Persia. The dual denomination expressed in both Rials and Pahlavis reflects a transitional convention; the Pahlavi unit, equal to 100 Rials, was introduced to honor the dynasty and appeared on higher-value notes through much of the mid-century series.
Signature combinations are the primary variety determinant within this Pick number, and misidentification between 36A and 36B is common in dealer inventory.