Last update: Sept 2009



       Finally by mid 1981 the true Islamic Republic banknotes were designed and printed by Thomas de Las Rue of England.

     Banknote designs have not changes for the past 25 years (with the exception of a few minor retouches), this has created 13 different signature varieties and 4 watermarks.   I have tried to make the following chart as illustrative and descriptive as possible.  I will appreciate hearing from collectors and dealers with other varieties.

      To assist collectors, I have added two more columns to the chart, showing the smallest and the largest Prefix for each signature variety. (Prefix is the fraction preceding the serial number).      



For Iran Pick 132 to the most recent issues, signature varieties and prices

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For additional information, please contact us:

Armen Hovsepian, P. O. Box 15204, Lenexa, KS 66285-5204, U.S.A.

Tel: (913) 631-7909
Life Member: International Bank Note Society