WORLD COINS, India, Mughal, Shah 'Alam II (AH 1174-1221; 1759-1806 AD), or in his name, Gold Mohur, Dar al-Khilafat Shahjahanabad, with additional initial (?) 'ain' or 'ghain' in upper reverse field with the mint, AH 12(0)3, Year 31, 10.74g (KM 720). Good extremely fine.
This Mohur is part of an enigmatic series with the addition of letters to the reverse. It has been suggested that these letters are initials referring to individuals. One specimen with the letter qaaf has been attributed to one Qutb Khan who was a governor of Meerut, for example. As far as we are aware though, there is as yet no complete explanation for where and why this series was struck.
Estimate: £1200-1500