TT PK 0032Aa 1938 FORMERLY PERSIA 5 RIALS "SHAH REZA" PMG 65 EPQ GEM UNCIRCULATED!
1938 5 Rials from Formely Persia. Pk 32Aa and serial number J/849696. Graded 65 Exceptional Paper Quality Gem Uncirculated by PMG. A banknote with an abundance of quality contributing to the gem grade received! The margins are good! Bold colors beautifully contrasting on fully crisp cream paper. Well-embossed, showing through the plastic holder! Black serial number noted through the holder. A portrait of Shah Reza at right. On the reverse side is Tomb of Daniel in Susa.
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Mohammad Reza was educated in Switzerland and returned to Iran in 1935. In the early 1950s a struggle for control of the Iranian government developed between the shah and Mohammad Mosaddeq, a zealous Iranian nationalist. In August 1953 the shah tried to dismiss Mosaddeq but was himself forced to leave the country by Mosaddeq’s supporters. Several days later, however, Mosaddeq’s opponents, with the covert support and assistance of the United States, restored Mohammad Reza to power. The shah reversed Mosaddeq’s nationalization. With U.S. assistance he then proceeded to carry out a national development program, called the White Revolution, that included construction of an expanded road, rail, and air network, a number of dam and irrigation projects, the eradication of diseases such as malaria, the encouragement and support of industrial growth, and land reform. He also established a literacy corps and a health corps for the large but isolated rural population. In the 1960s and ’70s the shah sought to develop a more independent foreign policy and established working relationships with the Soviet Union and eastern European nations.
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