Payable at Hamadan only. These 20 Toman notes are exceptionally scarce in any state of preservation and grade levels such as this bright Very Fine example are rarer. An elaborate BWC design in purple, red and multi-color and overprinted seal, date and branch. Close inspection reveals only a few minor repairs. This is one of just a few we have handled for the catalog number and the second finest we have seen. The finer example we sold was graded PMG Extremely Fine 40 EPQ and payable on the Tabriz branch realizing $17,700 as lot# 11263 in our March 2011 Baltimore Auction. This Hamadan note rivals that note in terms of appeal and should bring a similar realization.Very Fine-Extremely Fine.