Iran SH1324 2 rials

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Stack's Bowers May 2024 Collector's Choice sale, lot 33354
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This specimen was lot 33354 in Stack's Bowers Collector's Choice sale (Costa Mesa, CA, May 2024), where it sold for $125. The catalog description[1] noted, "IRAN. 2 Rials, SH 1324 (1945). Tehran Mint. Mohammed Reza Pahlavi. NGC MS-63. Rather vibrant and iridescent, this wondrous minor is exceeded in the NGC census by just two other examples." 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 type was struck SH 1322-1330 and most dates are common. The previous issue (KM 1130) was 10 g, 0.828 fine silver. The shah was overthrown in 1979 and he died the next year.

Recorded mintage: unknown.

Specification: 3.2 g, 0.600 fine silver, 22 mm diameter.

Catalog reference: KM-1144.

Source:

  • Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1901-2000, 47th ed., Iola, WI: Krause Publications, 2019.
  • [1]Orsini, Matt, Kyle Ponterio and Jeremy Bostwick, May 2024 World Collectors Choice Online Auction, Costa Mesa, CA: Stack's Bowers Galleries, Inc., 2024.

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