Iran 2,000,000 Rials Cheque 2025 (200 Tomans, Naqsh-e Jahan Square and Persian Polo). Iberoamericana Banknotes

October 19, 2026

Iran Cheque de 2.000.000 de riales, P167, sin circular, en verde: dos jinetes jugando al chogán (polo persa) y mezquita del Imán de la plaza Naqsh-e Jahan de Isfahán

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Sold exclusively as a collectible item: these are uncirculated numismatic pieces for collectors, not currency for exchange or a means of payment.

Polo is not an English invention. It was played in Persia more than two thousand years ago, and the 2,000,000 rial Iran Cheque (Pick 167, 2,000,000 rials Iran) commemorates this with one of the most beautiful reverses in recent numismatics: two riders at a gallop with their mallets. On the obverse is the square where the Safavid kings used to watch the matches. BanknoteNews confirmed it in March 2025, and it is equivalent to 200 tomans.

You can find it uncirculated in its product page (P167), and it is also included in our set of 10 Iran banknotes.

The reverse: a chogan match

Two riders cross paths mid-race, leaning over their horses with their mallets raised. One appears to be striking the ball while the other approaches to contest it.
The design features fine, undulating lines, with manes and tails in motion, in the style of classic Persian miniatures. There is no landscape: only movement.
A yellow light background behind the riders and green tones throughout the rest.
At the bottom left, a small caption in Farsi identifying the scene; at the top, "IRAN CHEQUE," "2000000," and "TWO MILLION RIALS."
To the right, the red "200" for the tomans.

Chogan was played on horseback with a wooden mallet, and UNESCO included it in its 2017 list of intangible cultural heritage. It was the sport of kings and soldiers, and also served as training for the cavalry.

The obverse: Naqsh-e Jahan Square in Isfahan

On the left, the portal of the Imam Mosque, with its grand entrance arch and two twin minarets.
On the right, the dome of the mosque, covered in tiles, with more minarets beside it.
The two-story arched galleries that surround the square, in the foreground.
The value "2000000" in green, the name of the bank, "ایران چک" in red, and the "200" in relief on the left.

Shah Abbas I made Isfahan his capital in 1598 and ordered the creation of this square, measuring approximately 560 × 160 meters, one of the largest in the world. Polo was played there: the stone goalposts are still preserved at the ends. It has been a World Heritage Site since 1979.

Security and technical specifications

2.5 mm windowed security thread, shifting from gold to green, with demetallized "I. R. IRAN"; "200" in SPARK ink and a registration number that completes when held up to the light.

Type: Iran Cheque · Catalog: Pick 167 (B303 in The Banknote Book)
Date: no printed date; confirmed in March 2025. A new signature variety appeared in May 2026.

For your collection

It is one of the very few banknotes in the world dedicated to polo, which is why it fits into a collection of sports on banknotes. The square and chogan also carry the UNESCO label, meaning the banknote brings together two heritage elements on the same piece of paper.

Remember: it is sold as a collector's item and does not accept PayPal payments. International shipping, original and uncirculated banknotes, and specialized assistance for any questions.