Watch List notes:

SIKH EMPIRE: AV mohur, Amritsar, VS1843 year GN31x, group of 8 specimens of this extremely rare mohur of the Misl period, struck in the Bhangi Misl, centered at Amritsar, then under the rule of Ghulab Singh Bhangi; the earliest known Sikh Empire coin struck in gold, attached to a necklace (the necklace itself is almost certainly not original), all in EF condition, lot of 8 coins attached to a necklace, RRR. The VS1843 mohur was not struck for circulation, but was almost certainly a very special piece ordered by Ghulab Singh Bhangi, the seventh chief of Bhangi Misl, for presentation to a chief official or to a member of his own family; perhaps for his wife, Mai Sukhan. It was produced from the same dies used for the silver rupee, and the actual production was limited to a very small group, probably just the nine examples attached to this necklace (the ninth piece was removed earlier and was sold in our Auction 30, Lot 2547. Unlisted by both Herrli and Gurprit Singh, it is of the same type as the silver rupees of type Singh-01.05 and 01.09, respectively. The mounting proves that these mohurs were made to be worn, in this case attached to a neckless worn by the receiver. Thus they served the same function as a nazarana mohur. Additional closeup images are available online.

Estimate: 14,000-16,000 USD