Iran 50 Riyal Banknote 1971 Commemorating the 2500th Anniversary of the Founding of the Persian Empire: Full Description | A Must-Have for Collectors with History and Value
Note: The photos are for illustrative purposes only. The serial numbers on the actual banknotes you receive may differ from those shown in the photos. However, please be assured that the banknotes you receive will be in the same condition as those shown.
Introduction
The 50 riyal note issued in 1971 holds a special place in any Iranian banknote collection. This note was issued to commemorate the historic milestone of the 2,500th anniversary of the founding of the Persian Empire. The front side features a portrait of the then-Sultan, Mohammad Reza Pahlavi, while the reverse depicts the king handing over a land deed to a peasant, making it an important design that reflects the policies and symbols of the Iranian state at the time.
This article provides a detailed explanation of the historical background, design features, collectibility, and preservation methods of this commemorative banknote, providing useful information for collectors and investors.
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1. Historical Background of the Issue
The year 1971 was a very important year for Iran. It marked the 2,500th anniversary of the founding of the Persian Empire (Achaemenid Empire) in 550 BC, and commemorative events were held across the country.
As part of this, a 50 riyal commemorative banknote was issued.
The then King, Mohammad Reza Pahlavi, positioned his authority as the successor to the historical empire and aimed to demonstrate modernization and the legitimacy of his monarchy both domestically and internationally. This banknote is a symbol of that and is an essential item for understanding Iran's modern history.
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2. Design Details
surface
• Portrait: On the right is Mohammad Reza Pahlavi, King of Iran, depicted in military uniform, emphasizing his dignity as commander-in-chief.
• Inscription: "Bank Markazi Iran" and "50 Rials" written in Persian.
• Decorative patterns: Arabesque patterns, unique to Islamic art, are used extensively, reflecting the aesthetic elements of Persian culture.
Back side
• Design: The king hands over land deeds to farmers. This symbolizes the land reform that was part of the "White Revolution" (reform policies implemented after 1963). It is an important design that conveys the ideals of improving the status of farmers and social reform.
• Text: The words "BANK MARKAZI IRAN" and "50 RIALS" are written in Latin script, ensuring international readability.
watermark
• The portrait of King Mohammad Reza Pahlavi is used as a watermark and anti-counterfeiting technology is incorporated.
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3. Publishing Technology and Manufacturing
• Publication date: 1971 (1350 Iranian calendar)
• Face value: 50 riyals
• Size: 142 x 71 mm
• Printer: Produced by De La Rue in London, England. A world-renowned banknote printing company, it incorporates sophisticated technology and advanced anti-counterfeiting measures.
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4. Significance as a commemorative banknote
This banknote is not simply a circulating currency, but a commemorative banknote. The purpose of its issuance is as follows:
1. Celebrating the 2,500th anniversary of the Persian Empire
2. A symbol of King Pahlavi's authority and modernization policies
3. Iran's presence in the international community
At the time, Iran was particularly keen to raise its international profile, and grand ceremonies were held inviting world leaders. This banknote is also valuable as a cultural and political record of that time.
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5. Collection Value and Market Price
This banknote has already been demonetized (suspended from legal tender) and is no longer in circulation. Therefore, it is traded in the collector's market as a "commemorative banknote" or "historical banknote."
According to Numista and international auction records, they have traded in the following price ranges depending on their condition:
• VF (Very Good Condition): 7-8 USD (approximately 1,000 JPY)
• UNC (unused): 11 USD or more (approximately 1,600 yen)
However, prices fluctuate depending on market demand, and completely unused items or those with rare serial numbers can fetch particularly high prices.
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6. Investment and collection perspective
• Strong historical significance → Commemorative banknotes from the Persian Empire are expected to be in high demand from collectors in the long term.
• The number of copies issued is limited → Unused copies in particular may become even more rare in the future.
• Beautiful design → The fusion of Persian art and modern printing technology is popular not only among banknote collectors but also among art lovers.
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7. Storage methods and precautions
To preserve your banknote collection for the long term, you should pay attention to the following points:
1. Sleeve storage: Prevent deterioration by storing in a special acid-free sleeve.
2. Humidity control: High humidity can cause mold and discoloration. A humidity level of 40-50% is ideal.
3. Avoid direct sunlight: UV rays can cause fading, so it is recommended to store in a dark place.
4. Wear gloves when handling: Fingerprints and skin oils increase the risk of deterioration.
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8. Available at Goldsilverjapan
Goldsilverjapan offers a carefully selected selection of rare banknotes and commemorative coins from around the world.
This Iranian 50 Riyal 1971 commemorative banknote is also highly valued by collectors for its beauty and historical significance. We have a wide range of stock available, from unused to well-preserved, and are ready to offer it to collectors.
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summary
The Iranian 50 Riyal commemorative banknote, issued in 1971, is not just a currency, but a historical commemorative item symbolizing the 2,500th anniversary of the Persian Empire. The design incorporates the authority of the king and symbols of reform, making it an important cultural heritage in telling the story of Iran's modern history.
For collectors, this is a piece that cannot be overlooked, combining historical background, artistic value, and rarity. It may become even more rare in the future, making it an attractive investment target.
👉 If you collect commemorative banknotes from around the world, be sure to add this Iranian 50 Riyal 1971 Commemorative Banknote to your collection.
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¥1,200Price
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