Watch List notes:

MUGHAL: Shah Alam Bahadur, 1707-1712, AR heavy rupee (11.93g), Kashmir, AH1122 year 5, KM-349.-, struck to a standard that was approximately 1/24 heavier than the standard rupee, bold strike, "scratches" on obverse are on the die, not the coin, choice EF, RR, ex Paul Stevens Collection. The heavy rupees of Shah Alam Bahadur were struck at a few mints, principally in AH1123 with regnal year 5, more rarely 1123 year 6, plus a very few examples of 1122 year 4 and 1122 year 5. The analysis of these heavy rupees by Alan Deshazo was published in the ONS Journal #220 (summer 2014). He shows that at least 10 mints produced these, all very rare, and production was mandated by an Imperial Farman that was retracted very shortly afterwards.

Estimate: 250- 350 USD