Watch List notes:

KHWAREZM: Qutlugh Murad Khan, 1856, AV ½ tilla (2.21g), Khwarizm, AH1271//"127", A-3084.3, ruler's name & titles / mint & date formula, with the final "1" of the reverse date omitted, perhaps conflated with the letter alif of the mint formula dâr al-sultana, choice EF, RR.

Estimate: 800- 1,000 USD