Watch List notes:

ILKHANID, GHAZAN MAHMUD (694-703h). Heavy dinar, Baghdad 701h. WEIGHT: 12.92g. REFERENCE: Diler 277; cf Heritage New York Signature Sale 3021, 6 January 2013, lot 21716, same dies. CONDITION: Some weak striking, slightly wavy flan, good very fine and very rare. Diler (p.22) records that Ghazan Mahmud fixed the canonical weight of a gold dinar at circa 4.32g. While it may be misleading to speak of 'denominations' within Ilkhanid gold coins of this period, the present specimen, the example cited by Diler, and the Heritage piece were all carefully struck to the same standard - between 12.82 and 12.98g – and were surely intended as coins of three dinars weight. Lighter Ilkhanid gold coins were also struck in Baghdad during this year but are only known from less ornate dies, which are smaller in diameter and carry shorter legends (Diler 281 and 282). It therefore seems that these handsome, heavy three-dinar pieces were regarded as a special issue, probably made for presentation purposes, rather than as normal currency types.
(2000-3000 GBP)