Reza Shah Pahlavi 500 Rials 5 Pahlavi 1938 without Cap Very Fine (VF) (Native condition) minor tears
The note is in its natural condition. There are several folds and minor tears as seen the pictures. The quality is Very Fine. We expect a PMG Grade 25- 30. This banknote belongs to the No Cap Series, 8th Issue. While the majority of notes from this series are known to be modified or repaired, this specific example remains in its original, natural condition after nearly 90 years. For a complete reference, please also view the 5, 20, 50, and 100 Rials denominations from the same series. The 100, 500, and 1,000 Rials banknotes issued by the Bank Melli in 1938 (Solar Hijri 1317) are often equated to One, Five, and Ten respectively. These notes are highly sought after in all states of preservation due to their historical significance. Instances in Uncirculated (UNC) condition are exceptionally rare and seldom encountered on the market. We offer a combined postage policy, allowing you to add multiple items for one fixed price. For PMG banknotes, simply scan the barcode on the back of each holder. For raw notes (ungraded) pleae judge the quality yourslf. Don't hesitate to contact us with any questions or concerns. After all, business is about negotiations. We do our best to match the offial prices you may have. Attention Professional Collectors: Please Read Carefully! We understand that quality is of utmost importance to serious collectors like you. To assist in your assessment, we provide high-quality images as the primary basis for evaluating the condition of the notes. While images take precedence, we also take great care to describe the condition as accurately as possible. The quality of our banknotes is categorized into two main groups: *Uncirculated* and *Circulated*. For further clarification, we use grading terms such as VF (Very Fine), XF (Extremely Fine), F (Fine), AUNC (About Uncirculated), and UNC (Uncirculated). These align with the standards established by trusted grading companies like PMG and PCGS. If you have any doubts or need more detailed insights, feel free to reach out! We're more than happy to provide additional information to help you make an informed decision. Happy collecting! 😃