Watch List notes:

(x) India, East India Company, Bengal Presidency, in the name of Shah 'Alam II (1794-96 issue) milled Quarter-Rupee, Murshidabad (Dacca mint), AH1204, ry.19, edge grained right, central bead before group of beads to right of mint name (Stevens 5.59; Pr. 171), a minor edge imperfection, about very fine, rare.

Estimate: £400 - £500