Watch List notes:

MUGHAL: Jahangir, 1605-1628, AR rupee (11.30g), Kashmir, AH102(9) year 15 (1620), KM-150.8, cf. Zeno-145322, zodiac type (Gemini), struck in the month of Khurdad (May 22-June 21); twins embracing, radiate sun in background // jahan faroz gasht ba-kashmir sikkah-i-zar, za naam-i-jahangir shah shah akbar (In Kashmir, the gold coin has become world-illuminating, by the light of the name of Shah Jahangir [the son of] Shah Akbar); edge repaired, PCGS graded VF Detail, RRR. This is the second zodiac rupee from Kashmir ever to appear in a public auction (see Spink Auction 14038, Lot 692). It was acquired by the consignor in the late 1960's from the then-head of the Afghan customs. Whitehead (NC 1931, p.91-130) knew of only 3 zodiac rupees (all Gemini) from this extremely rare mint, struck during Jahangir's visit in 1620, as well as a single Cancer mohur dated AH1034/RY.20, bearing the name of his powerful Queen, Nur Jahan. It is no secret that Jahangir was deeply in love with Kashmir, a place he adoringly called "a garden of eternal spring" in his memoir (Tuzuk-i-Jahangiri). In 1619, he would order the construction of Shalimar Bagh, his own garden of dreams, on the shore of Lake Dal in order to please Nur Jahan. It is quite likely that the emperor, known for his astrological acumen and artistic patronage, would use the zodiac rupee (a type he invented two years earlier) to commemorate this particularly meaningful visit.

Estimate: 3,000-5,000 USD