Watch List notes:

SIKH EMPIRE: AE paisa (falus) (8.89g), Kashmir, ND or DM, KM--, Herrli-06.xx. Va--, obverse Persian text, of which only the word akâl is clear // mint name and perhaps also the date (off flan), unpbulished and extremely rare, Fine to VF, RRR, ex Paul Stevens Collection. The only published Sikh copper paisas of Kashmir that include the word "akâl" are Herrli-06.114 and 06.116, but both are with very different legends and arrangements.

Estimate: 150-200 USD