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Iranian Banknotes

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New Member

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 Posted 07/16/2020  4:41 pm Show Profile   Bookmark this topic Add ZOLFEGHAR to your friends list Get a Link to this Message Number of Subscribers
I'm new to the forum and am looking for some advice. I have a childhood collection of pre-1979 Iranian banknotes. The collection is comprehensive and includes multiple uncirculated notes of all currency printed since WWII.

I have just realized that this collection may have significant value. I contacted one of the large auction houses and sent them my collection for grading. Haven't signed anything yet but my initial thinking was that they would put it up for auction.

My question is whether this is the way to go. The auction fees will add up as will the high tax burden from selling them through an auction house. I welcome any advice from experienced members on this topic

Iranian-Banknotes
New Member
United States
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 Posted 07/16/2020  4:42 pm  Show Profile   Bookmark this reply Add ZOLFEGHAR to your friends list Get a Link to this Reply
This one is my favorite.

Iranian-Banknotes
Pillar of the Community
United States
742 Posts
 Posted 07/16/2020  10:06 pm  Show Profile   Bookmark this reply Add lettow to your friends list Get a Link to this Reply
Auction house is the way to go. It will get you maximum exposure.

The tax burden is the same regardless of how you sell them.
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187702 Posts
 Posted 07/17/2020  10:06 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
to the Community!

Your replies were split into their own topic for the proper attention.
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