50 Rials, Central Bank of Iran, Iran, 1980–1981 (Pick 123)

This 50 Rials note was issued in Iran by the Central Bank of Iran, with dates recorded from 1980–1981. It belongs to the Second Rial (1932-date) currency system. Issuing authority and period recorded in the catalogue: Islamic Republic (1979-date). It measures 136 × 68 mm and is printed on paper. The Standard Catalog of World Paper Money lists the type as Pick 123. Numista identifies the design as “Provisional Issue; Type 3”.

Obverse: Green on multicolor underprint. Persian carpet design in background. Arabesque design overprint over Shah's portrait; Calligraphic Persian text JUMHURI-YE ISLAMI-YE-IRAN (Islamic Republic of Iran) over watermark area at left. Its lettering reads “۵۰ بانک مرکزی ایران / پنجاه ریال”. Translation given in the catalogue: “50 Central Bank of Iran Fifty Rials”. Reverse: Green, light blue and multicolor. Tomb of Cyrus the Great, Pasargadae. Its lettering reads “BANK MARKAZI IRAN / 50 RIALS”. Translation given in the catalogue: “Central Bank of Iran 50 Rials”.

The note was printed by De La Rue (Thomas de la Rue; Thomas De La Rue & Co.; TDLR), London, United Kingdom (1821-date). Watermark: Calligraph ic Persian text JUMHURI-YE ISLAMI-YE-IRAN (Islamic Republic of Iran) over watermark area at left. © JesúsGustavo (CC BY-SA). Signatures recorded for the type: Hassan Ali Mehran (HAM) (President); Hushang Ansari (HA) (Minister of Economic Affairs); Yussef Khosh Kish (YKK) (President); Mohammad Yeganeh (MY) (Minister of Economic Affairs). 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.