50 Rials, Bank Melli Iran, Iran, 1311 (1932) (Pick 21)

This 50 Rials note was issued in Iran by the Bank Melli Iran, dated 1311 (1932). It belongs to the Second Rial (1932-date) currency system. Issuing authority and period recorded in the catalogue: Reza Shah (1925-1941). It measures 157 × 83 mm and is printed on paper. The Standard Catalog of World Paper Money lists the type as Pick 21. Numista identifies the design as “Rezā Pahlavī (1st. portrait)”.

Obverse: Olive-green on multicolor underprint. Portrait Reza Shah with high cap full face at left; Chehel Sotoun (Palace of the Forty Columns) at center. Its lettering reads “بانک ملی ایران / پنجاه ریال”. Translation given in the catalogue: “Bank Melli Iran Fifty Rials”. Reverse: Olive print. Coat of arms at center. Date printed at right. Its lettering reads “بانک ملی ایران / پنجاه ریال”. Translation given in the catalogue: “Bank Melli Iran Fifty Rials”.

The note was printed by American Banknote Corporation (American Bank Note Company), United States (1795-date). Signatures recorded for the type: Ali Alamar (AA) (General Director); Kurt Lindenblatt (KL) (Minister of Finance). Demonetized: Yes. Identification note: match the value, issuing bank, printed date and Pick number together; dates and signature combinations distinguish sub-varieties, which are not separated in this entry. Details follow the Numista catalogue entry and the Standard Catalog reference it cites; they have not been checked against a central-bank archive.