Watch List notes:

India, States, Ladakh, in the name of Mahmud Khan, Ja'us (3), the first with regnal year 14, rev. part of zarb tibet visible at bottom (Rhodes, Garhwal and Ladakh, 19; KM 3, 5.2), the first very fine, scarce, another holed, about fine, the other good fine (3).
provenance
The first coin ex. Rhodes collection, Spink, 27 September 2016, lot 443 (part)
Estimate: £150 - £200