INDORE: AR rupee (11.14g), "Malharnagar", AH1198 year 2x, KM--, actually struck at Maheswar, with the reverse symbols of battle-axe and lingam, bold strike, EF, R. A similar piece dated 1197 year 25 sold at Todywalla Auction 59, Lot 486, for $225, but only in nice VF condition.
Estimate: 150-200 USD