Watch List notes:

Ratna Deva III. Ca. A.D. 1181-1182. AR pana. Goddess Lakshmi seated facing / Devanagari legend Ratna/Deva in two lines. K. Singh, 'Classification of Ratna Deva's Silver Coins', Journal of the Oriental Numismatic Society 220, p. 35, type II, variety D. Only 14 examples known in this variety. Very rare and choice. Very fine.