Bank.notes

Collection Iran #321

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5000000 IRR

Iran 1990_present VF Needs review ✦ AI 75%
unidentified_subject
Front · IMG_6696.jpeg cropped
Back · IMG_6697.jpeg cropped
Pair check: ! check failed checked 2026-05-09T09:57:05.131632
Identity

Where & when

Country Iran
Currency IRR
Denomination 5000000
Series name Iran Cheque series
Series year
Issue year
Era 1990_present
Legal status demonetized
Predecessor currency Iranian Rial (pre-hyperinflation)
Successor currency Iranian Rial (redenomination)
Subjects & design

What's on the note

Front portrait
Reverse subject Saddam Hussein
Watermark
Color palette #d4c5a8,#9b8b7e,#e8d7b5
Themes architecture,religion
Language / script Arabic, Persian, English

Front: The Shrine of Hafez in Shiraz, Iran, a mausoleum commemorating the beloved 14th-century Persian poet Hafez (Khwāju Shams-ud-Dīn Muḥammad Ḥāfeẓ-e Shīrāzī, c. 1315–1390). The octagonal pavilion features intricate Islamic geometric patterns and a characteristic domed roof, symbolizing Iran's rich literary and cultural heritage. The shrine has been a pilgrimage site for centuries and represents Persian poetic tradition.

Back: Saddam Hussein (1937–2006), President of Iraq from 1979 to 2003, depicted in military uniform. This banknote is an Iraqi dinar, not an Iranian rial, despite the front inscription. The overprint 'IRAN CHEQUE' on an Iraqi banknote was created during or after the Iran-Iraq War (1980–1988) as a propaganda or commemorative piece, or possibly as an unofficial issue. The serial numbers and Arabic text identify this as originally an Iraqi 25 dinar note that has been overprinted.

Production

How it was made

Issuer Central Bank of the Islamic Republic of Iran
Issuer (native) بانک مرکزی جمهوری اسلامی ایران
Printer
Engraver
Material paper
Dimensions (mm) 157x78

Security features: microprint,intaglio

Geography

Iran in Asia

Iran in Asia. Other countries on the same continent shown in muted grey.

The story

Background & history

This is a highly unusual piece: an Iraqi 25 dinar banknote (featuring Saddam Hussein) that has been overprinted with 'IRAN CHEQUE' and a denomination of 5,000,000. Such overprints were not official Iranian government issues but rather propaganda, satirical, or commemorative pieces created during or after the Iran-Iraq War (1980–1988). These overprinted notes reflect the intense animosity between the two nations during that period. The 'Iran Cheque' overprint may have been produced by Iranian opposition groups, collectors, or as novelty items. They are not legal tender and were never circulated as official currency in Iran. The underlying Iraqi dinar design dates to the Saddam Hussein era, likely from the 1980s–1990s series.

Catalogue

Collector references

Pick #
Krause ID
Rarity tier scarce
Series range 1993–1994
Provenance

How it came to me

Acquired date
Acquired from
Acquired price
Currency
Condition
Grade VF
Serial number 472385
Serial suffix 44/22

Note shows circulation wear, some soiling, and possible overprint aging. The overprint appears to be a secondary application on an Iraqi banknote.

Valuation

What it's worth now

$5–$25
Type default range $5–$25
Valuation history (1)
datelowhighcurrencysourcenote
2026-05-08 17:41:46 5.0 25.0 USD ai from claude-sonnet-4-5
Technical

History & extractions

AI extractions (2)
anthropic · claude-opus-4-5 2026-05-08 17:41:46
status: ok · step 2 · $0.1618 · 6209↓ + 916↑ tokens
anthropic · claude-sonnet-4-5 2026-05-08 17:41:46
status: ok · step 1 · $0.0377 · 6209↓ + 1273↑ tokens
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