Watch List notes:

SHAHS OF BADAKHSHAN: Muhammad Shah, fl. 1380s, AR 1/6 dinar (1.07g), Badakhshan, ND/DM, A-2017M, the identity of Muhammad Shah remains unknown; the style, especially the kalima reverse, is identical to 1/6 dinar coins in the name of the Chaghatayid Suyurghatmish, which are known dated 781-786, VF, RRR. This is the third known specimen of this mysterious ruler; the other examples are SICA-9:319 (same obverse die) and our Auction 39, Lot 630 (different dies), mint name atop the obverse.

Estimate: 140-180 USD