Watch List notes:

SAFAVID: Isma'il I, 1501-1524, AR shahi (9.37g), Balkh, ND, A-2576, very rare mint, nice even strike, lovely VF, RR, ex Dabestani Collection. Balkh was the easternmost city conquered by Isma'il I, but held only briefly, never again brought under Safavid control.

Estimate: 100-150 USD