Watch List notes:

MUGHAL: Shah Alam II, 1759-1806, AV nazarana mohur (10.69g), Shahjahanabad, AH1218 year 46, KM-721, Stevens- 8.2, 34mm, with mint epithet Dar al-Khilafat, struck in gold, NGC graded MS63+, Certificate #4668521-001. Nazarana, Nazrana or Nazars were presented to the king on special occasions. People, who wanted to present nazars, would order and buy the special struck coins from the mint. For the nazar or nazarana coins, an extra fee had to be paid as the production required extra work. For the mint, it was a nice extra income and almost all the nazarana coins were returned back to the mint again shortly thereafter. This is only the second example offered for public sale that we are aware of and likely the finest known example!

Estimate: 60,000-80,000 USD