There are several folds and minor tears as seen in the pictures. The quality is Very Fine.
100 Rials: Minor repair
500 Rials: Restored
1000 Rials: Minor repair
We expect a PMG Grade 25- 30 for these notes.
These banknote belongs to the No Cap Series, 8th Issue. The 100, 500, and 1,000 Rials banknotes issued by the Bank Melli in 1938 (Solar Hijri 1317) are often equated to One, Five, and Ten respectively. These notes are highly sought after in all states of preservation due to their historical significance. Instances in Uncirculated (UNC) condition are exceptionally rare and seldom encountered on the market.
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