It will be auctioned in February in the south-western city of Abadan.
BBC: Iran's president to sell old car for charity
The head of Abadan's free trade zone, Asghar Parhizkar, told the Irna news agency the auction would take place during a classic car exhibition there.
In 1957, the Trans-Iranian pipeline from Abadan to Tehran was completed.
CNN: Saturday,
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