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50 Rials Provisional Issue; Type 1

50 Rials (Provisional Issue; Type 1) - obverse50 Rials (Provisional Issue; Type 1) - reverse

© IronMaid

Features

Issuer Iran
Issuing bank Central Bank of Iran (Bank Markazi Iran (بانک مرکزی ایران))
Period Islamic Republic (1979-date)
Type Standard circulation banknotes
Year 1979
Value 50 Rials (50 IRR)
Currency Second Rial (1932-date)
Composition Paper
Size 135 × 69 mm
Shape Rectangular
Technique Overprinted (Ovpt on P#101)
Demonetized Yes
Number
N#
453959
References P# 111
Standard Catalog of World Paper Money (10 volumes).
, TBB# 242
Owen W. Linzmayer. The Banknote Book (4 volumes).

Series: Type 1 ND (1979) Provisional Issue

Obverse

Green on multicolor underprint.
Persian carpet design in background.
Arabesque design overprint over Shah's portrait.

Script: Persian

Lettering:
۵۰ بانک مرکزی ایران
پنجاه ریال

Translation:
50
Central Bank of Iran
Fifty Rials

Reverse

Green, light blue and multicolor.
Tomb of Cyrus the Great at Pasargarde at center; stylized antelope at left.

Script: Latin

Lettering:
BANK MARKAZI IRAN
50 RIALS

Translation:
Central Bank of Iran
50 Rials

Watermark

Mohammad Reza Pahlavi

Signatures

Hassan Ali Mehran (HAM) President
Hushang Ansari (HA) Minister of Economic Affairs

Printer

De La Rue (Thomas de la Rue; Thomas De La Rue & Co.; TDLR), London, United Kingdom (1821-date)

Comments

REVOLUTIONARY OVERPRINTS 

After the Islamic Revolution of 1978-79, the Iranian government used numerous overprints on existing stocks of unissued paper money to obliterate Shah Pahlavi’s portrait. There were many unauthorized and illegal crude stampings such as a large “X” and hand obliterations used by zealous citizens witch circulated freely, but only three major types of official overprints were used by the Government.

 

PROVISIONAL ISSUES 

All provisional government overprints were placed on existing notes of Shah Pahlavi already printed. Overprinting was an interim action meant to discredit and disgrace the deposed Shah as well as to publicize and give credence to the new Islamic Republic. The overprints themselves gave way to more appropriate seals and emblems, changes of watermarks and finally to a complete redesigned of all denominations of Notes. In all cases the Shah’s portr. was covered by an arabesque design. Eight different styles and varieties of this ovpt. were used. Watermark ovpt., when used, are either the former Iranian national emblem of Lion and Sun or the calligraphic. Persian text JUMHURI-YE-ISLAMI-YE-IRAN (Islamic Republic of Iran) taken from the obverse of the country’s new emblem. All ovpt. colors are very dark and require careful scrutiny to distinguish colors other than black.

 

Ovpt type B on P#111a (black) / P#111b (green)

See also

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Date Signatures VG F VF XF AU UNC References Frequency
ND (1979)  HAM, HA P# 111a
Standard Catalog of World Paper Money (10 volumes).
Black overprint type B 46%
ND (1979)  HAM, HA P# 111b
Standard Catalog of World Paper Money (10 volumes).
Green overprint type B 38%

Frequencies show the percentage of Numista users who own each year or variety among all the users who own this banknote. Since some users own several versions, the sum may be greater than 100%.

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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.

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