20 000 Rials Ruhollah Khomeini; 2nd. Issue - Small portrait

Obverse

Blue and green on multicolor underprint.
Small portrait of Ayatollah Ruhollah Khomeini.

Script: Persian

Lettering:
بانک مرکزی جمهوری اسلامی ایران
بیست هزار ریال

Translation:
Central bank of Islamic Republic of Iran
Twenty Thousand Rials

Reverse

Imam Mosque (Previously known as Shah Mosque, before 1979 revolution). It is a part of the complex of Naqsh-e Jahan Square, the main attraction of Isfahan, Iran. It is regarded as one of the masterpieces of Persian architecture in the Islamic era. Along with Naqsh-e Jahan Square, the mosque is registered as UNESCO World Heritage Site and is a popular destination for tourists visiting Isfahan.

Script: Latin

Lettering:
CENTRAL BANK OF THE ISLAMIC REPUBLIC OF IRAN

TWENTY THOUSAND RIALS

Watermark

Portrait of Ayatollah Ruhollah Khomeini.

© gyoschak (CC BY-NC-SA)

Signatures

Ebrahim Sheibani (ES)	President
Safdar Hosseini "large" (SH")	Minister of Economic Affairs
Davoud Danesh-Jafari (DDJ)	Minister of Economic Affairs
Tahmaseb Mazaheri (TM)	President

Printer

Comments

148b. signatures: Dr. Ebrahim Sheibani & Davood Danesh Jafaari - security thread with microprinting text
148c. signatures: Dr. Ebrahim Sheibani & Davood Danesh Jafaari - security thread with stilized sun

UV activity:


© gyoschak

See also

• Religious building
• Politician

• 20 000 Rials (Ruhollah Khomeini; 1st. Issue - Large portrait)
• 20 000 Rials (Ruhollah Khomeini; 3rd. issue)
• 20 000 Rials (Ruhollah Khomeini; 4th. issue)

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Date	Signatures				VG	F	VF	XF	AU	UNC	References			Frequency
Undetermined
ND (2005-2006)	ES, SH"									$ 3.90	P# 148a Standard Catalog of World Paper Money (10 volumes).			24%
ND (2007)	ES, DDJ				$ 0.71	$ 0.71				$ 2.90	P# 148b Standard Catalog of World Paper Money (10 volumes).			36%
ND (2008)	TM, DDJ									$ 3.50	P# 148c Standard Catalog of World Paper Money (10 volumes).			39%

Values in the table above are expressed in USD. They are based on evaluations by Numista users and sales realized on Internet platforms. They serve as an indication only; they are not intended to be relied upon for buying, selling or exchanging. Numista does not buy or sell coins or banknotes.

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Numista Rarity index: 21

This index is based on the data of Numista members collections. It ranges from 0 to 100, 0 meaning a very common coin or banknote and 100 meaning a rare coin or banknote among Numista members.

Examples of the type

© Bank Note Museum
ND (2008) TM, DDJ – P# 148c (see more)

Past sales

Pictures	Sale	Date	Version	Grade	Sold price
	Katz Auction 118 Lot 2122	23 Mar 2024	ND (2005-2006) ES, SH" – P# 148a	UNC	USD 5.80 (EUR 5.00) (+ buyer's premium)
© Katz Coins Notes & Supplies Corp.
	Katz Auction 113 Lot 2552	17 Feb 2024	ND (2007) ES, DDJ – P# 148b	UNC	Unsold
© Katz Coins Notes & Supplies Corp.
	Katz Auction 113 Lot 2553	17 Feb 2024	ND (2007) ES, DDJ – P# 148b		Unsold
© Katz Coins Notes & Supplies Corp.
	Katz Auction 195 Lot 343	23 May 2026	Undetermined	UNC	Unsold
© Katz Coins Notes & Supplies Corp.
	Katz Auction 185 Lot 214	24 Feb 2026	Undetermined	UNC	USD 17.40 (EUR 15.00) (+ buyer's premium)
© Katz Coins Notes & Supplies Corp.
	Katz Auction 164 Lot 2741	1 Aug 2025	Undetermined	UNC	Unsold
© Katz Coins Notes & Supplies Corp.
	Katz Auction 95 Lot 1850	16 Sep 2023	Undetermined		Unsold
© Katz Coins Notes & Supplies Corp.

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