Watch List notes:

ARMENIA: Hetoum I, 1226-1270, AE kardez (3.15g), Ner-433, countermarked izz al-din in Arabic, the host coin shows the king seated in ornamental fashion, the last letter of the King's name is partly visible // cross potent on reverse, Fine to VF, RRR.

The countermark is of `Izz al-Din Kaika'us II (1245-61 AD, with breaks). Published in a 2012 article by Jirair Christianian.

Estimate: 150-250 USD