Posted 11/15/2016 12:58 pm
I think I know that kind of coin. But there is one issue...
The Shah, Mohamed Reza Pahlavi, issued a series of gold coins with Pahlavi as currency until the revolution in 1979. The smallest was 1/4 Pahlavi, then 1/2, 1, 2 1/2, 5 and 10. I got hold of the smallest two when I was in Iran, as I didn't have enough spare cash to buy anything bigger and no one accepts foreign plastic there due to the international sanctions. This is probably also why coin shops advise him to melt it down: it is not allowed by American law to say anything helpful about or to help Iran and its citizens. Within my company, to avoid any issues, we have strict guidelines about how to deal with Iranian customers and American employees to avoid issues.
The bad news is, none of the coins actually have a weight of 5 ounce (155 gram), assuming that you're talking troy ounce, that is, not American ounce. The biggest coin, the 10 Pahlavi, has a weight of just over 80 gram, or about 2,615 troy ounce. So I think we need to see some pictures here to see what we're dealing with.
The Shah, Mohamed Reza Pahlavi, issued a series of gold coins with Pahlavi as currency until the revolution in 1979. The smallest was 1/4 Pahlavi, then 1/2, 1, 2 1/2, 5 and 10. I got hold of the smallest two when I was in Iran, as I didn't have enough spare cash to buy anything bigger and no one accepts foreign plastic there due to the international sanctions. This is probably also why coin shops advise him to melt it down: it is not allowed by American law to say anything helpful about or to help Iran and its citizens. Within my company, to avoid any issues, we have strict guidelines about how to deal with Iranian customers and American employees to avoid issues.
The bad news is, none of the coins actually have a weight of 5 ounce (155 gram), assuming that you're talking troy ounce, that is, not American ounce. The biggest coin, the 10 Pahlavi, has a weight of just over 80 gram, or about 2,615 troy ounce. So I think we need to see some pictures here to see what we're dealing with.
Edited by UltraRant
11/15/2016 12:59 pm
11/15/2016 12:59 pm
