Watch List notes:

INDIA, Mughal Empire. Nikusiyar. AH 1131/1719. AR Rupee (23mm, 10.55 g, 3h). Mustaqir al-Khalifat Akbarabad mint. Dually dated AH 1131 and RY ahd (AD 1719). dar afaq sikka zad bar sim-o-zar ba-fazl-e khuda, shah nekusiyar (On the horizons struck coin on silver and gold by the grace of the almighty shah Nikusiyar) in Persian / zarb Akbarabad mustaqir al-khalifat sanat ahd maimanat jalus manus (struck Akbarabad abode of the Caliphate year one of the accession associated with prosperity) in Persian; RY date in center. J. Lingen and Dr. M. Billoo, "The discovery of a rupee of a Mughal claimant, Nikusiyar,," JONS 207 (Spring 2011), pp. 46-7 and fig 5 = Zeno 113836 (this coin); BM –; IMC (Wright) –; Hull –; KM –; Zeno 148616 = J. Lingen, "The Discovery of a Rupee of a Mughal Claimant, Nikusiyar, Revisited," JONS 221 (Autumn 2014), pp. 33-4 and fig 3 (same dies). Some encrusation and light porosity, a couple of shroff marks. VF. Well struck. Of the highest rarity. Second known rupee for this emperor.

The only other known rupee of this brief claimant to the Mughal throne sold in a Todywalla auction in Mumbai in 2018 for approximately $70,000.