Watch List notes:

Ladakh (1816-42), AR Ja'u (2), 1.99, 2.39g, in the name of Mahmud Shah, the first as previous lot, the second with reverse border of a plain circle and no figure '4' (Rhodes, Garhwal and Ladakh, 23 (plate coin), 24; KM. 5.1, 5.4), good fine to about very fine, scarce (2).
Ex. Nicholas Rhodes Collection
Estimate: £80 - £100