Watch List notes:

ILKHAN: Ghazan Mahmud, 1295-1304, AR dirham (2.86g), Kabudjameh, AH(69)4, A-2168B, pre-reform: very rare Khorasanian mint, active only under Arghun & Ghazan Mahmud: padishah ghazan in ornate hexagram // mint name below kalima, all within square, date in margin segment, with the final digit sufficiently clear, VF, RRR, ex Christian Rasmussen Collection.

Estimate: 110-140 USD