Watch List notes:

MUGHAL: Zahir al-Din Babur, 1500-1530, AV ¼ ashrafi (0.47g), NM, ND, A-M2462, design and arrangement of the legend similar to his silver shahrukhis after his conquest of northern India in 1526, but this was likely struck only at Badakhshan, kalima in spiral Kufic script on the reverse, VF, RRR, ex M.H. Mirza Collection.

Estimate: 900-1,100 USD