World Banknotes

Imperial Bank of Persia, 20 Tomans, Shiraz, 3 November 1927, serial number E/D 048715, Walter and McMurray signatures, repaired and reconstructed, pieces added, in PMG holder 20 NET, very fine, reconstruction most evident on the reverse at left denomination, fairly extensive repairs to central folds both horizontally and vertically, some trimming has evidently taken place too, nevertheless very rare, the Shiraz branch being exceptionally rare, a colourful and incredibly attractive note
BNB B117b, Pick 15 £3,200-£3,800