Watch List notes:

MADRAS PRESIDENCY: AR 5 fanams, ND (1808), KM-351, East India Company issue, buckled garter belt with English legend surrounds Persian legend inside circle // circular ribbon, forked ends, separated by a star. Tamil legend on the ribbon, Telugu legend inside the ribbon, PCGS graded MS62, Dr. Axel Wahlstedt Collection.

Estimate: 200-300 USD