According to an article in MarketWatch dated 17 October 2012, Germany’s Koenig & Bauer Aktiengesellschaft (KBA) has agreed to stop supplying SPMO [Iran’s Security Printing and Minting Organization] and the Central Bank of Iran with the equipment needed to produce rial banknotes, as part of international efforts to force IranRead More…

This interesting engraving appears on the front of B114, the 1,000-rial note of 1934. The image—described in SCWPM as “warrior killing fabulous creature”—also appears on the date stamps of subsequent issues.IDENTIFIED: Darius the Great stabbing Ahriman monster from stone relief at Persepolis. Courtesy of Raphael.