Watch List notes:

QARA-KHITAY IN BALKH: 'Uddat al-Dunya 'Ali b. 1198, AV dinar (1.77g) (Balkh), DM/ND, A-E1523, called Ulugh Arslan Khaqan on this type, VF, RRR. Ruled at Balkh as vassal of the Ghorid of Bamiyan, Baha' al-Din Sam b. Muhammad, cited on this piece.

Estimate: 220-300 USD