Watch List notes:

BOMBAY PRESIDENCY: Muhammad Shah, 1719-1748, AR ¼ rupee (2.70g), Mumbai, year 2x, Stv-2.66, KM--. Prid--, extremely rare denomination, the only specimen known to Stevens, Fine, RRRR, ex Paul Stevens Collection, ex Stephen Album Auction 10, Lot 1581.

Estimate: 400-450 GBP