Watch List notes:

SIKH EMPIRE: AE paisa (falus) (7.85g), Kashmir, VS1891, KM--, Herrli-06.xx, Persian legends: falus nanak shahi with leaf in center // zarb kashmir, date above, twin leaves in center; some weakness by the rim, unpublished, bold VF, RRR, ex Paul Stevens Collection. Generally as Herrli-06.100, but different obverse text and symbol. Unpublished Sikh paisas (fulus) of Kashmir are found surprisingly often, suggesting that several types were struck each year during the 26 years of Sikh coinage at that mint (VS1877-1903).

Estimate: 200-250 USD