Watch List notes:

SIKH EMPIRE: AV rupee (0.66g), [Multan], VS1905, KM-87a, Herrli-11.09.04, saha'i satguru on obverse, mundarka 1905 on reverse ("mundarka" means "siege"), reeded edge, choice Extremely Fine to About Uncirculated, ex. Baldwin's 31, lot 637 (Lingford collection), ex. Glendining auction, 2-3 Nov. 1949 (Brushfield collection). Lovely well-centered strike.

Estimate: 1,000-1,200 USD