Watch List notes:

TIBET: AR ranjana tangka (4.88g), year "16-16", Cr-27.1, YZM-360, 27.52mm, meaningless date, PCGS graded EF45, RR, ex George Anderson, Nicholas Rhodes Collections (Spink Auction 21 Aug 2013 Lot 165). The tangka coins of this series are known as "Ranjana Tangkas" (or "Rañjana Tangkas") referring to the type of script which is used on both sides. This type of ornamental script is also known as Lantsa-script. The legend represents an invocation of Lakshmi, the Hindu goddess of wealth and good luck variants of the obverse legends have been noted. All the coins of this type are dated, but some of the dates do not make sense. It is believed that these coins were struck in the late 19th and early 20th Century in Tibet by Nepalese merchants, and that they circulated at the same value as the Kong Par and Gaden tangkas (see Bertsch, Wolfgang: "The Tibetan Tangka with Rañjana Script", Oriental Numismatic Society, Newsletter, no. 185, autumn, 2005, pp. 18-31). The basic design of these coins is copied from the silver mohars struck in Kathmandu in the name of Pratap Simha, which were exported to Tibet.

Estimate: 150-250 USD