The Mount Damavand Collection of Persian Banknotes

Imperial Bank of Persia, cancelled 100 Tomans, Teheran, 14 June 1924, serial number G/A 009806, manuscript signatures, various cancellations including a triangular section cut from lower edge, repaired and reconstructed, in PMG holder 15 NET, choice fine, the 100 Tomans rare in any state, and rare to find these official cancellations on the market as they were supposed to be destroyed

BNB B119a, Pick 17 £7,000-£9,000

This lot was sold as part of a special collection, The Mount Damavand Collection of Persian Banknotes.

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This note was officially redeemed and cancelled at the bank offices in Tehran, supposedly as a prelude to destruction. It is unclear why this destruction was not carried out.