Watch List notes:

IRAN: Ahmad Shah, 1909-1925, AV 5 toman (14.31g), AH1334, KM-1038, Rabino-83, Iranian lion & sun in wreath // name & titles of the Shah within wreath, some weakness in center (as on the gold specimen illustrated by Rabino), surface hairlines, 1 small scratch at top of reverse, AU, RRRR. CoinArchives records no example in gold, and just one silver trial strike that sold at Sincona Auction 33, Lot 2810 (October 2016) for $4430. According to KM, the "4" in the date was recut over "2" over "1".

Estimate: 12,000-14,000 USD