Watch List notes:

KHOQAND: Muhammad 'Ali Khan, 1823-1842, AV tilla (4.51g), Ferghana, AH1246, A-3054A, Z-69772, lovely strike, EF, RRRR. The obverse & reverse inscription, a rhyming couplet, reads muhammad 'ali ghazi ibn-e 'umar / ba-ferghana zad sikka bar sim[-o] zar, "Muhammad 'Ali the victorious, son of 'Umar, in Ferghana struck coin[s] of silver and gold". A second date, 1247, badly engraved, also appears on the reverse.

Estimate: 2,000- 2,500 USD