PERSIA. Imperial Bank of Persia. 1 Toman, 1924-32. P-11. PMG Very Fine 25.B113a. An Imperial Bank of Persia note from the Waterlow & Sons printing company. These early issues always garner quite a bit of attention, especially when they are found without any major netting defects. PMG does mention a small tear in the comments section, but it is not significant enough to warrant a Net designation.