| 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). Owen W. Linzmayer. The Banknote Book (4 volumes). |
Series: Type 1 ND (1979) Provisional Issue
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
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
Mohammad Reza Pahlavi
| Hassan Ali Mehran (HAM) | President |
|
| Hushang Ansari (HA) | Minister of Economic Affairs |
|
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.
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| Date | Signatures | VG | F | VF | XF | AU | UNC | References | Frequency | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Undetermined | |||||||||||||||
| 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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