IRAN. Bank Melli Iran. 500 Rials, AH1311 (1932). P-23s. Specimen. PCGS Gem New 66 PPQ.B106as. Specimen. This bright piece shows the full face portrait of Shah Reza which is much more scarce in specimen guise then the later three-quarters face portrait series. The note enjoys all the detail the design could offer with radiant blue inks making up the borders and detailed multi-colored under-prints and lathe work at center. An exceptional grade on this high denomination.
