Watch List notes:

1835, King William IIII, Silver Rupee, Obverse D, First Phase (Stage I), Calcutta Mint, F dugout (Big dug), 19 berries (10L+9R), crude & wavy style lettering on Obverse, D/III, (Unlisted in PR/GK # 28), choice quality, attractive features, XF-AU, Exceedingly Rare.

Note: The transitional differences of the wavy letters in Stage I & II under the Obverse D type are not mentioned in major numismatic publications. Silver rupees of first phase obverse D are rarely encountered.