2008 IRR 1 Million Rials x5 Uncirculated P-154a (Brown First Edition) 5 Million Rial Total
Condition: Uncirculated
Design and Features: This 2008 Iran 1 Million Rial banknote (P-154a) features an intricate brown design. The front of the note displays an image of the revered Supreme Leader Ayatollah Ruhollah Khomeini, depicted in traditional clerical garb. Surrounding him are detailed patterns of Islamic geometry and calligraphy, symbolic of Iran's rich cultural heritage. On the reverse, you’ll find an iconic illustration of the Central Bank of Iran building, a significant institution in the country’s modern history, adorned with ornate Persian motifs. The watermark, featuring Ayatollah Khomeini’s image, adds an additional layer of authenticity, while security threads and UV features protect against counterfeiting.
Historical Significance: Issued during a time of economic struggle, this note reflects Iran's period of high inflation and financial instability in the early 2000s. The denomination of 1 million rials is a striking example of how the Iranian government adapted to its domestic monetary challenges, making it a symbol of economic resilience.
Collector's Value: The uncirculated condition of these notes and their relatively high denomination make them particularly sought after by collectors of hyperinflation-era currencies. The brown variant of the P-154a series is rarer than other color versions, further enhancing its appeal to numismatic enthusiasts. Owning a set of five pieces amplifies their desirability, especially for those looking to own multiple crisp and uncirculated specimens.