Reza Shah, 1304-1320 SH (1925-1941). 500 Dinars 1304 SH (1925 AD), Tehran Mint. Lion & Sun type. Rayej legend. KM 1094. Very rare. NGC UNC Details. Cleaned.

From the Kian collection, auction SINCONA 49, October 2018, lot 321.
From Baldwin's, London, August 1980, lot 695.

The minting of this coin took place in the same month that the Constitutional Congress confirmed Reza Shah as the next King of Iran (24th, month of Azar, 1304).The official mintage of this first type of 500 Dinars 1304 SH was according to a contemporary report from Mr. Arthur Chester Millspaugh 10,000 pieces. However, this coin was never put into circulation and is the rarest coin of the Pahlavi Dynasty. There are less than 7 to 8 known pieces. (We thank Mr. Abdolaziz Haghsefat, Tehran, for this information.)

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