Watch List notes:

SIKH EMPIRE: AE "paisa" (7.50g), Peshawar, VS(189)4, KM--, Herrli-13.02.11, originally silver-plated, but much of the silver worn off, thus revealing the copper core, Fine, R. The silver-plating proves that this piece, probably struck from official rupee dies, was intended to be plated and passed as a rupee to the unsuspicious. Actual copper coins of Peshawar follow altogether different designs.

Estimate: 100- 120 USD