The Imperial Bank of Persia, established in 1889, was the first bank to issue banknotes and attempt to establish a modern banking system in Iran. Its banknotes are, in fact, some of the most beautiful and largest notes ever issued for any nation; yet, the story of the Imperial Bank and its notes is complex and complicated because there are very few remaining specimens, especially of the earliest notes and those of higher denominations. This lavishly illustrated and stochastically printed volume showcases the best and rarest of these banknotes while untangling the complex web of branch banks in Iran.
The Banknotes of the Imperial Bank of Persia
American Numismatic Society
An Analysis of a Complex System with Catalogue