Watch List notes:

INDIA, Mughal Empire. Muhammad Shah. AH 1131-1161 / AD 1719-1720 and 1720-1748. AR Nazarana Rupee (29mm, 11.34 g, 9h). Dar al-Khalifat Shahjahanabad mint. Dually dated AH 1135 and RY 5 (27/29-30 September 1723). Persian couplet citing name and titles of Mihammad Shah / Mint and RY formula. Wright –; Hull 2101 var. (years); KM B438.2. VF, areas of toning, several bankers' marks on edge. Very rare.


Ex Album 10 (22 April 2011), lot 1258 (where it realized $3400); Triton VIII (11 January 2005), lot 1634.