1090

IRAN: Nasir al-Din Shah, 1848-1896, AR 5000 dinars (22.85g), AH1294

Currency:USD Category:Coins & Paper Money / World Coins - Asia & Middle-East Start Price:2,800.00 USD Estimated At:4,000.00 - 6,000.00 USD
IRAN: Nasir al-Din Shah, 1848-1896, AR 5000 dinars (22.85g), AH1294
SOLD
12,000.00USD+ (2,400.00) buyer's premium + applicable fees & taxes.
This item SOLD at 2022 Sep 16 @ 12:43UTC-7 : PDT/MST
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IRAN: Nasir al-Din Shah, 1848-1896, AR 5000 dinars (22.85g), AH1294, Kian-90, Opening of the New Tehran Mint Commemorative, with dies engraved by Franz Pechan (FP), an official from the Vienna mint, PCGS graded SP-58, RRR, ex Durham Collection, #755. The Iranian Imperial postal service was reorganized successfully by Gustav Riederer von Dachsberg, and the Tehran Mint by Franz Pechan von Prägenberg, though this latter reorganization was only initially successful. The new Tehran mint was founded in 1877 as the sole national mint of Iran; it replaced multiple provincial mints. It was constructed at the place of a former cotton factory in northern Tehran, and used French machinery, while the original building was built by the Belgians. Senior Münze Österreich official, Franz Pechan von Prägenberg, contributed to technically operate the mint. When he was ordered to reduce the standard of the coins he quit the service.