Security Printing and Minting Organization

Security Printing and Minting Organization
FormerlyRoyal Persian Mint
Company typeState-owned enterprise
Industry
Predecessor24 provincial mints[1]
FoundedJune 14, 1877; 147 years ago (1877-06-14)[2]
FounderMohammad-Hasan Aminolzarb[3]
Headquarters191, Pasdaran Ave.,
Tehran
Area served
Iran
Key people
Amir Shokri (Director)[4]
Products
Production output
800 million banknotes (2015–16[4])
ParentCentral Bank of Iran (Since September 23, 1962; 62 years ago (1962-09-23))[5]
Ministry of Finance (1877–1962)
Websitespmo.ir

Security Printing and Minting Organization (SPMO; Persian: سازمان تولید اسکناس و مسکوک, romanized: sāzmān-e towlid-e eskenās va maskuk, lit. 'Bills and Coins Production Organization')[6] is a subsidiary of the Central Bank of Iran responsible for design, production and elimination of banknotes and coinage in Iran under the exclusive authority.[7]

  1. ^ Rudi Matthee, Willem Floor (2013), "The Politics of Money Supply under Modernizing Condition", The Monetary History of Iran: From the Safavids to the Qajars, I.B.Tauris, ISBN 9780857721723, There were twenty-four known copper striking mints: Astarabad, Yerevan, Hamadan, Herat, Isfahan, Kerman, Maragheh, Nishapur, Qazvin, Shabankareh, Shiraz, Soltaniyeh, Tabriz, Yazd, Isfahan, Kashan, Kazerun, Kerman, Lahijan, Mashhad, Qazvin, Rasht and Tehran.
  2. ^ Rudi Matthee, Willem Floor (2013), "The Creation of a Modern National Mint", The Monetary History of Iran: From the Safavids to the Qajars, I.B.Tauris, ISBN 9780857721723, The official, festive inauguration of the Mint took place a year later, on 14 June 1877, when it was officially opened by the shah [Naser al-Din].
  3. ^ A. Enayat (15 December 1989), AMĪN-AL-ŻARB, ḤĀJJ MOḤAMMAD-ḤASAN, vol. I/9, Encyclopædia Iranica, pp. 951–953
  4. ^ a b Khalid Kazimov (17 September 2015). "Iran spends $33M each year to print banknotes". Trend News Agency.
  5. ^ Act of Dissolution of the Royal Mint and mandating its duties to the Central Bank of Iran (1343, Article 1) (in Persian). January 12, 1965. p. 536. Archived November 20, 2021, at the Wayback Machine
  6. ^ Funke, Christian (2016). "Aesthetics and Politics of Redesigning Iranian Banknotes: Arab Wind, the Persian Gulf and the Absence of Nuclear Energy". International Bank Note Society Journal. 55 (2): 40–45.
  7. ^ "No Counterfeit Banknotes Found". Financial Tribune. 15 September 2015.