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29 & 30 November 2023
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Imperial Bank of Persia, printers’ archival specimen 25 Tomans, 1890-1923 (1911), serial number range V/A 08001 to V/A 10000, perforated SPECIMEN, order date ‘August 1911’ in top margin on reverse, in PCGS holder 55, choice about uncirculated, very scarce BNB B108as1, Pick 6s £3,000-£4,000
Hammer Price: £3,200
Imperial Bank of Persia, printers’ archival specimen 50 Tomans, ND (1919), serial number range W/B 00501 to W/B 04500, perforated CANCELLED, order number and date ‘25.4.19’ inked in top margin, in PCGS holder 58, choice about uncirculated, a handsome and impressive example, rare BNB B109as, Pick 7s £5,000-£7,000
Hammer Price: £4,800
Imperial Bank of Persia, printers’ archival specimen 100 Tomans, ND (1913), serial number range J/A 02501 to J/A 03500, PAYABLE AT TEHERAN ONLY on reverse, perforated SPECIMEN, order number and ink date ‘January 1913’ in top margin, in PCGS holder 64, choice uncirculated, impressive and rare BNB B110as3, Pick 8s £6,000-£8,000
Hammer Price: £5,500
Imperial Bank of Persia, a full uncut sheet of watermarked paper (18) as used on 2 Tomans, second issue, between 1923 and 1932, minor ink annotations in sheet corner, folded twice, otherwise as produced, very rare (one sheet, 18 papers) BNB B114, Pick 12 £800-£1,000
Hammer Price: £2,800
Imperial Bank of Persia, watermarked paper as used on 5 and 10 Tomans (3), second issue, between 1923 and 1932, glued into black frames of thin card, ink annotations on frame, as produced, rare (3 papers) BNB B115, B116, Pick 13, 14 £300-£400
Hammer Price: £340
Imperial Bank of Persia, watermarked paper as used on 5 and 10 Tomans, second issue, between 1923 and 1932, glued into blue card frames, ink annotations on paper, as produced, minor glue traces on reverse, rare BNB B115, B116, Pick 13, 14 £100-£150
Hammer Price: £160
Imperial Bank of Persia, watermarked paper as used on 10 Tomans (3), second issue, between 1923 and 1932, glued into cream paper frames, ink annotations on frame, as produced, rare (3 papers) BNB B116, Pick 14 £300-£400
Hammer Price: £500
Imperial Bank of Persia, a full uncut sheet of watermarked paper (12) as used on 20, 50 and 100 Tomans, second issue, between 1923 and 1932, minor ink annotations in sheet corner, folded twice, otherwise as produced, very rare (one sheet, 12 papers) BNB B117-B116, Pick 15-17 £800-£1,000
Bank Melli Iran, 500 Rials, SH1313, ND (1934), serial number A107980, vertical overprint on reverse, navy blue print, Shah Pahlavi in uniform at left, Mount Damavand at right, Abdolhossein Hajier and Hossein Ala’a signatures, expertly repaired along central fold, otherwise an exceptional presentable fine, a spectacular and very rare note! BNB B113c, Pick 29c £1,500-£2,000
Hammer Price: £8,000
Bank Melli Iran, a complete set of watermarked papers for the series of 1936-38, comprising 5, 10, 20 and 50 Rials, showing the Imperial Crown and 100, 500, 1000 and 10000 Rials, showing Reza Shah, glued into individual blue card frames, ink annotations on the paper, as produced, extremely rare, and the only complete set of these watermarks in the Portals archive (8 papers) BNB B115-B133, Pick 31-38C £600-£800
Bank Melli Iran, watermarked papers for 10 Rials (3) and 100 Rials, from the series of 1936-38, first showing the Imperial Crown, last showing Reza Shah, glued into individual cream paper or blue card frames, ink annotations on the card or paper, as produced, extremely rare (4 papers) BNB B115-B133, Pick 31-38C for types £200-£260
Hammer Price: £600
Bank Melli Iran, watermarked paper as used on the 100 Rials of 1944 (2), featuring the Imperial Crown with plume, glued into blue card frames, ink annotations on paper, as produced, extremely rare (2 papers) BNB B138, B139, Pick 43, 44 £200-£260
Hammer Price: £220
Bank Melli Iran, watermarked paper as used on the 100 Rials of 1948, featuring Shah Pahlavi, glued into blue card frame, ink and pencil annotations on paper, as produced, extremely rare, this being the only example in the Portals archive BNB B145, Pick 50 £150-£200
Hammer Price: £400
Bank Melli Iran, watermarked paper as used on the 50, 100 and 200 Rials of 1951 (4), featuring Shah Pahlavi, first loose, others glued into blue card frames, ink and pencil annotations on paper, as produced, very rare (4 papers) BNB B151-B153, Pick 56-58 £240-£300
Hammer Price: £800
Bank Melli Iran, watermarked paper as used on the 50, 100 and 200 Rials of 1951 (3), featuring Shah Pahlavi, glued into blue card frames, ink and pencil annotations on paper, as produced, very rare (3 papers) BNB B151-B153, Pick 56-58 £200-£260
Hammer Price: £700
Bank Markazi Iran, a group of initial engravers’ workings on transparent acetate showing the outlines of plate designs for obverse and reverse 200 Rials, 1974 Issue and a reverse for the 5000 Rials, 1974 Issue, design as issued, each of these is unique and they are remarkable survivors, as most were simply treated as printers’ waste, interesting records (3 items) BNB B234, B238, Pick 103, 106 for design £100-£150
Bank Markazi Iran, a group of initial engravers’ workings on transparent acetate showing the outlines of plate designs for obverse of 5000 Rials, 1981 Issue design as issued, showing the entire design including the march scene, a unique and remarkable survivors, as most were simply treated as printers’ waste, dated 1981 in top margin BNB B272, Pick 133a for design £60-£80
Hammer Price: £190
Central Bank of the Islamic Republic of Iran, a pair of initial engravers’ workings on transparent acetate showing the outlines of plate designs for obverse of 2,000 Rials, 1984 Issue design as issued, showing the entire design including the crowd scene, unique and remarkable survivors, as most were simply treated as printers’ waste, dated 1984 in top margin (2 pieces) BNB B277p, Pick 141 for design £80-£120
Hammer Price: £180
Government of Iraq, specimen 100 Fils, 1931 (1941), serial number O/00 000000, mauve on multicoloured underprint, portrait of King Faisal II as a baby at right, small red SPECIMEN overprint at top left, reverse mauve, in PMG holder 25, very fine, the only specimen example of this rare note in private hands and probably the only time in history that collectors will be able to acquire this key note for the Iraq series BNB B113as, Pick not listed £50,000-£70,000
Hammer Price: £100,000
Government of Iraq, specimen 50 Fils, 1931 (1944), serial number A000000, single cancellation hole, olive green on multicoloured underprint, portrait of King Fasial II as a baby at left, in PMG holder 35, choice very fine, extremely rare, with only a handful of examples in private hands BNB B117as, Pick A22s £30,000-£40,000
Hammer Price: £50,000
Government of Iraq, watermarked paper showing the head of King Faisal I, as featured on the entire first series of 1931, including the 1/4, 1/2, 1, 5, 10 and 100 Dinars, glued into blue card frame, ink and pencil annotations on paper, stating that this is the ‘1/4 Dinar Iraq. 1st Issue’, as produced, this is the only watermarked paper in the Portals archive showing Faisal I, and is potentially unique in private hands, a remarkable item for the advanced collector BNB B101-B106, Pick 1-6...
Hammer Price: £14,000
Government of Iraq, 1 Dinar, 1931 (1934), serial number J953699, Lord Kennet and Amin signatures, minor rust, in PMG holder 35, choice very fine, scarce in any grade and a very attractive original example with no repairs at all BNB B109e, Pick 9e £1,000-£1,500
Hammer Price: £950
Government of Iraq, 1 Dinar, 1931 (1934), serial number J737586, Lord Kennet and Amin signatures, minor water stains, crayon annotation in watermark area on reverse, in PMG holder 35, choice very fine, original and scarce BNB B109e, Pick 9e £800-£1,000
Hammer Price: £900
Government of Iraq, a complete set of watermarked paper (6) showing the head of King Ghazi, as featured on the entire second series of 1934-40, including the 1/4, 1/2, 1, 5, 10 and 100 Dinars, glued into blue card frames, ink and pencil annotations on paper, as produced, the only complete set of watermarks for this issue in the Portals archive, extremely rare and a wonderful group (6 papers) BNB B107-B112, Pick 7-12 for types £1,000-£1,500
Hammer Price: £15,000
Government of Iraq, watermarked paper showing the head of King Ghazi, as featured on the 1 Dinar of 1934-40, glued into cream paper frame, ink annotations on frame and paper, as produced, rare BNB B107-B112, Pick 7-12 for types £150-£200
Hammer Price: £1,100
Government of Iraq, watermarked paper showing the head of King Ghazi, as featured on the 1 Dinar of 1934-40, glued into black frame of thin card, ink annotations on frame and paper, as produced, rare BNB B107-B112, Pick 7-12 for types £150-£200
Hammer Price: £1,000
Government of Iraq, watermarked paper showing the head of King Ghazi, as featured on the 1 Dinar of 1934-40, glued into blue card frame, ink annotations on paper, as produced, rare BNB B107-B112, Pick 7-12 for types £150-£200
Government of Iraq, 1 Dinar, 1931 (1942), serial number E/7 808692, Swan and Kamal signatures, lovely original paper, no repairs of any kind, in PMG holder 35, choice very fine, scarce in this grade BNB B116a, Pick 15 £1,500-£2,000
Hammer Price: £2,400
Government of Iraq, 1 Dinar, ND (1942), serial number P594611, Lord Kennet and Amin signatures, water stain, lovely original paper, in PMG holder 50, about uncirculated, scarce BNB B120a, Pick 18a £800-£1,000
Hammer Price: £850
Government of Iraq, 1 Dinar, ND (1942), serial number P433363, Lord Kennet and Amin signatures, minor rust, in PMG holder 35, choice very fine, nice original paper BNB B120a, Pick 18a £300-£400
Hammer Price: £420
Government of Iraq, 1 Dinar, ND (1942), serial number K066412, Lord Kennet and Amin signatures, minor stains, in PMG holder 30, very fine, nice original paper BNB B120a, Pick 18a £300-£400
Hammer Price: £360
Government of Iraq, 1 Dinar, ND (1942), serial number K993888, Lord Kennet and Amin signatures, minor areas of rust, a few stains and tiny splits in left margin, overall fine BNB B120a, Pick 18a £150-£200
Government of Iraq, watermarked paper showing the head of King Faisal II as a child, as featured on the 1 Dinar of 1942-44, glued into blue card frame, ink annotations on paper, as produced, extremely rare, this being the only example of this iconic watermark in the Portals archive BNB B117-B123, Pick A22, 17-22 for types £300-£400
Hammer Price: £5,000
Government of Iraq, watermarked paper showing the head of King Faisal II as a youth, as featured on the 1/4 and 1/2 Dinar of 1948, glued into blue card frame, ink annotations on paper, as produced, extremely rare, this being the only example of this attractive watermark in the Portals archive BNB B124-B125, Pick 22-23 for types £300-£400
Hammer Price: £6,500
National Bank of Iraq, watermarked paper showing the ‘small head’ of King Faisal II as a youth, as featured on the the first, second and part of the third series of 1947, including papers for 1/4, 1/2, 1, 5 and 10 Dinars, glued into individual blue card frames, ink and pencil annotations on paper, as produced, very rare BNB B201-B215, Pick 27-41 for types £600-£800
Hammer Price: £18,000
National Bank of Iraq, watermarked paper showing the ‘small head’ of King Faisal II as a youth, intended for the 50 Dinars of 1949, which was never fully printed or issued, glued into a blue card frame, ink and pencil annotations on paper, as produced, a highly unusual record of a note that has been largely lost to time, other than a couple of proofs in printers’ and bank archives BNB not listed, Pick not listed £300-£400
Hammer Price: £12,000
National Bank of Iraq, watermarked paper showing the ‘small head’ of King Faisal II as a youth, intended for the 100 Dinars of 1949, which was never fully printed or issued, glued into a blue card frame, ink and pencil annotations on paper, as produced, a highly unusual record of a note that has been largely lost to time, other than a couple of proofs in printers’ and bank archives BNB not listed, Pick not listed £300-£400
Hammer Price: £11,000
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