Watch List notes:

MUGHAL: Muhammad Shah, 1719-1748, AR ½ rupee (5.65g), Lahore, year 26, KM-433.14, with mint epithet dar al-saltana, nice strike, extremely rare denomination for Lahore, a common mint for the full rupee, lovely VF to EF, RRR, ex our Auction 11, Lot 1189.

Estimate: 300- 400 USD