← All eras
1789 – 1925 CE · Iran

Qajar Dynasty Coins

Qajar coinage introduced the Lion-and-Sun emblem, mechanised minting (1877), and the country's first banknotes (1890, Imperial Bank of Persia). Denominations: toman (gold), qiran (silver), shahi (copper).

Historical note

Fath-Ali Shah's portrait toman is the first Iranian coin showing a ruler's face since pre-Islamic times.

Naser al-Din Shah introduced machine-struck coinage in 1877 from Vienna and Brussels mints, then the new Tehran mint.

1890: the British-chartered Imperial Bank of Persia issued the first paper currency — a banking revolution that ended in the 1891 Tobacco Protest.

Late Qajar coinage carried solar calendar dates and the Lion-and-Sun (Shir-o-Khorshid) emblem.

The pieces

Catalogue · 20 entries

Plate 01

Fath-Ali Shah Gold Toman

Fath-Ali Shah Qajar

Date
1797–1834 CE
Metal
Gold
Weight
~6.09 g
Mint
Tabriz (also Tehran, Isfahan)

ObverseCalligraphic Persian inscription.

ReverseMint and date.

Heavy gold toman — first figural Iranian coin types in 1100 years on related issues.

Source · Commons – Fath-Ali Shah toman
Plate 02

Fath-Ali Shah Silver — Ganja Mint

Fath-Ali Shah Qajar

Date
Early 19th century
Metal
Silver
Weight
~4.6 g
Mint
Ganja (Caucasus)

ObversePersian legend with ruler's title.

Reverse'Zarb Ganja' (Struck at Ganja) with AH date.

Struck at the Ganja mint in the contested Caucasus frontier — the city was ceded to the Russian Empire under the 1813 Treaty of Gulistan, ending Qajar minting there. 1 toman = 10 qiran = 1000 dinars.

Source · Commons – Fath-Ali Shah, Ganja
Plate 03

Qajar 10 Toman Gold (AH 1314)

Muzaffar al-Din Shah era

Date
c. 1896 CE
Metal
Gold
Mint
Tehran

ObverseLion-and-Sun with crown, value and date.

ReversePersian legend.

Among the largest Qajar gold denominations. Muzaffar al-Din signed the Constitution in 1906.

Source · Commons – Iran 10 Toman 1314
Plate 04

Mohammad Ali Shah Gold Toman

Mohammad Ali Shah Qajar

Date
1907–1909 CE
Metal
Gold
Mint
Tehran

ObverseRuler's bust facing.

ReverseLion-and-Sun in wreath with AH date.

Mohammad Ali Shah's brief reign was dominated by his attempt to abolish the Constitution; he was deposed in 1909 and went into Russian exile.

Source · Commons – Mohammad Ali Qajar Toman
Plate 05

Ahmad Shah Qajar — Tehran Mint

Ahmad Shah Qajar

Date
1909–1925 CE
Metal
Silver
Mint
Tehran

ObverseRuler's young bust facing.

ReverseLion-and-Sun with crown, denomination and SH date.

Last Qajar ruler — crowned aged 11, deposed by Reza Khan in 1925. His machine-struck Tehran-mint coinage carries solar Hijri (SH) dates.

Source · Commons – Ahmad Shah Qajar, Tehran
Plate 06

Imperial Bank of Persia — One Toman (1906)

Muzaffar al-Din Shah era

Date
1906
Metal
Paper
Mint
Imperial Bank of Persia (printed by Bradbury Wilkinson, London)

ObverseLion-and-Sun cartouche; denomination in Persian and English; payable at the issuing branch only.

ReverseBranch overprint and serial numbers.

Iran's first true paper currency: the British-chartered Imperial Bank issued notes from 1890 with each branch (Tehran, Tabriz, Isfahan, Bushehr, Yazd, Mashhad, Resht, Shiraz, Kermanshah) issuing non-fungible notes payable only at its own counter.

Source · Commons – Imperial Bank One Toman 1906
Plate 07

Naser al-Din Shah 1 Toman Banknote (specimen)

Naser al-Din Shah Qajar

Date
c. 1890
Metal
Paper
Mint
Imperial Bank of Persia

ObversePortrait of Naser al-Din Shah with Lion-and-Sun crest.

ReversePersian and English text; branch payment clause.

The smallest denomination of the earliest Iranian banknote series.

Source · Commons – Naser al-Din 1 Toman specimen
Plate 08

Naser al-Din Shah 10 Toman Banknote

Naser al-Din Shah Qajar

Date
c. 1890–1923
Metal
Paper
Mint
Imperial Bank of Persia

ObverseShah's portrait, denomination, ornate guilloché frame.

ReverseBranch and serial details.

Mid-range Imperial Bank note; a Tehran-payable 10 toman would not be accepted in Tabriz.

Source · Commons – Naser al-Din 10 Toman
Plate 09

Naser al-Din Shah 25 Toman Banknote (specimen)

Naser al-Din Shah Qajar

Date
c. 1890
Metal
Paper
Mint
Imperial Bank of Persia

ObverseRoyal portrait, denomination.

ReverseBranch overprint.

High-denomination Imperial Bank note — equivalent to a modest annual salary at issue.

Source · Commons – Naser al-Din 25 Toman specimen
Plate 10

Imperial Bank One Toman — Yazd branch overprint

Naser al-Din / late Qajar

Date
c. 1890–1923
Metal
Paper
Mint
Imperial Bank of Persia – Yazd branch

ObverseShah portrait; 'Payable at Yazd' overprint.

ReverseSerial numbers.

A surviving example illustrating the branch-bound nature of early Iranian paper money.

Source · Commons – Naser al-Din 1 Toman, Yazd
Plate 11

Mozaffar al-Din Shah — Tehran Mint

Mozaffar al-Din Shah Qajar

Date
1896–1907 CE
Metal
Silver
Mint
Tehran (machine-struck)

ObverseLion-and-Sun emblem in wreath with crown above; denomination and Hijri date.

ReverseRuler's name and title in Persian Nastaliq.

Mozaffar al-Din Shah signed the 1906 Constitution that established Iran's first parliament (Majles), making him the last absolute Qajar monarch. His machine-struck Tehran coinage in qirans and tomans set the standard for late-Qajar circulation.

Source · Commons – Mozaffar al-Din Shah, Tehran
Plate 12

Fath-Ali Shah Silver — Isfahan Mint

Fath-Ali Shah Qajar

Date
1797–1834 CE
Metal
Silver
Mint
Isfahan

ObversePersian couplet praising the shah in elegant Nastaliq.

Reverse'Zarb Isfahan' (Struck at Isfahan) with AH date.

Isfahan remained one of the principal Qajar mints, continuing the Safavid tradition. Silver issues here carried the heaviest provincial production for the central Iranian plateau.

Source · Commons – Fath-Ali Shah, Isfahan
Plate 13

Fath-Ali Shah Nowruz Treasure Coin — Tabriz

Fath-Ali Shah Qajar

Date
AH 1226 / 1811–12 CE
Metal
Silver (presentation)
Mint
Tabriz

ObversePersian Nowruz couplet in Nastaliq calligraphy.

Reverse'Zarb Tabriz' with the AH date.

Special presentation issue ('sekke-ye sahib-qiran') struck for the Nowruz New Year celebrations at the Tabriz mint — distributed at court as ceremonial largesse rather than circulating currency.

Source · Commons – Fath-Ali Shah Nowruz coin, Tabriz
Plate 14

Naser al-Din Shah Silver Qiran — Tehran

Naser al-Din Shah Qajar

Date
1848–1896 CE
Metal
Silver
Weight
~4.6 g
Mint
Tehran

ObverseLion-and-Sun in wreath, denomination, AH date.

ReversePersian Nastaliq legend with the shah's name and titles.

The qiran (1/10 toman) was the workhorse silver coin of Naser al-Din's 48-year reign — the longest of any Qajar shah and the longest of any Iranian monarch until the late 20th century.

Source · Commons – Naser al-Din Shah, Tehran
Plate 15

Naser al-Din Shah Gold Toman — Tehran

Naser al-Din Shah Qajar

Date
1848–1896 CE
Metal
Gold
Weight
~2.88 g
Mint
Tehran

ObverseCrowned Lion-and-Sun emblem with rayed sun-face.

ReverseShah's name and titles in Nastaliq; AH date.

Standard one-toman gold piece from the Tehran mint after the 1877 mechanisation. Naser al-Din Shah's three European tours (1873, 1878, 1889) brought back the milling technology and bank-charter ideas that transformed Iranian money.

Source · Commons – Naser al-Din Shah gold, Tehran
Plate 16

Naser al-Din Shah 10 Toman Gold

Naser al-Din Shah Qajar

Date
Late 19th century
Metal
Gold
Weight
~28.8 g
Mint
Tehran

ObverseBust of Naser al-Din Shah in military uniform with Pahlavi-style decorations.

ReverseCrowned Lion-and-Sun; '10 Toman' in Persian numerals.

Heavy ceremonial gold piece — among the largest circulating Iranian gold coins of the 19th century. Rare in collectors' hands; struck primarily for royal gifts and bullion reserve.

Source · Commons – Naser al-Din 10 Tuman
Plate 17

Naser al-Din Shah Qiran — Herat Mint

Naser al-Din Shah Qajar

Date
c. 1856 CE
Metal
Silver
Weight
~4.6 g
Mint
Herat

ObverseLion-and-Sun within wreath.

ReverseShah's name with 'Zarb Herat'.

Issued during the brief Iranian occupation of Herat (1856), which triggered the Anglo-Persian War — by the Treaty of Paris (1857) Iran formally renounced all claims to Herat, ending centuries of Persian sovereignty over the city.

Source · Commons – Naser al-Din qiran, Herat
Plate 18

Naser al-Din Shah 50 Dinar Copper

Naser al-Din Shah Qajar

Date
1848–1896 CE
Metal
Copper
Mint
Tehran (machine-struck)

ObverseLion-and-Sun emblem.

ReverseValue '50 Dinar' and AH date.

Low-denomination copper coin (1/2 shahi = 50 dinar) for everyday market transactions. The 1877 mechanisation finally drove out the old hand-struck 'falus' coppers that had varied wildly between local mints.

Source · Commons – Naser al-Din 50 dinars
Plate 19

Mozaffar al-Din Shah 2 Toman Gold

Mozaffar al-Din Shah Qajar

Date
AH 1313–1324 / 1896–1907 CE
Metal
Gold
Weight
~5.75 g
Mint
Tehran (machine-struck)

ObverseLion-and-Sun within wreath; value '2 Toman' below.

Reverse'Mozaffar al-Din Shah Qajar — Sultan of Iran' in Nastaʿliq.

Mozaffar al-Din was the shah who signed the 1906 Constitution five days before his death — the first constitutional monarchy in the Islamic world. His machine-struck gold is well-engraved and relatively common. Image: related Naser al-Din Tehran gold.

Source · Wikipedia – Mozaffar al-Din Shah
Plate 20

Imperial Bank of Persia 5 Toman Banknote

Ahmad Shah Qajar era

Date
c. 1924
Metal
Paper
Mint
Imperial Bank of Persia (London-printed, Bradbury Wilkinson)

ObversePortrait of Ahmad Shah Qajar; payable on demand at the named branch.

ReversePersepolis bull-capital vignette; English and Persian legends.

Imperial Bank notes were issued payable at specific branches (Tehran, Tabriz, Isfahan, Yazd, Mashhad, Shiraz, Bushehr) — a note payable at one branch could not be cashed at another without exchange. The branch-restriction made counterfeiting harder but limited use. Image: related Imperial Bank Yazd-payable Tuman.

Source · Wikipedia – Imperial Bank of Persia