Watch List notes:

PARNALA: AR rupee (11.15g), Qil'a Parnala, undated, KM-199, in the name of Muhammad Shah, 2 banker's marks, bold strike, lovely EF, RRR, ex Paul Stevens Collection. Very rare Maratha mint, almost fully legible on this specimen. Only one specimen recorded on CoinArchives, with mint largely off flan, sold at Baldwin's Auction 47, Lot 1011 (September 2006).

Estimate: 600-800 USD