Watch List notes:

TRIPOLI: Mahmud II, 1808-1839, BI 40 para (9.74g), Tarabulus Gharb, AH1223 year 22, KM-215, USK-117.17, with outer blank margins on both sides, as clear in the USK illustration (but not in the KM picture), nice evenly worn example, Very Fine, R, ex. Ken Bovenkamp collection.

Estimate: 180-220 USD