Iran SH1307 50 dinars

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Steve Album sale 30, lot 851
Iran SA30-851r.jpg

This specimen was lot 851 in Stephen Album sale 30 (Santa Rosa, CA, January 2018), where it sold for $423. The catalog description[1] noted, "IRAN: Reza Shah, 1925-1941, 50 dinars, SH1307 (1928), only 12 examples known, PCGS graded Specimen-67, ex King's Norton Mint Collection." The Qajar empire was nearly bankrupt by the end of the 1800’s, and the dynasty finally fell when Reza Khan, a commander of the Persian Cossack Brigade, led a coup d’etat and launched the Pahlavi Dynasty in 1925 AD. This copper-nickel coin is listed for SH1305 and SH1307 and was the smallest denomination issued by the new regime. This denomination was accompanied by a 500 dinars (KM 1102), 1000 dinars (KM 1103), 2000 dinars (KM 1104) and 5000 dinars (KM 1106).

Recorded mintage: 2,500,000.

Specification: copper-nickel, 19 mm diameter.

Catalog reference: KM-1091.

Source:

  • Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1901-2000, 47th ed., Iola, WI: Krause Publications, 2019.
  • [1]Album, Stephen, Joseph Lang, Paul Montz, Michael Barry and Norman Douglas Nicol, Auction 30, featuring the George Anderson Collection of Tibetan Coins, the Dr. John W. Lund Collection of Swedish Coins and the Mike Edwards Collection, Santa Rosa, CA: Stephen Album Rare Coins, Inc., 2018.

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