Watch List notes:

EGYPT: Mahmud II, 1808-1839, AV 1/4 zeri mahbub (0.59g), Misr, AH1223, KM-189, NP-787, with the phrase 'izza nasruhu instead of a regnal year above the obverse, struck during the first few years of Mahmud's reign, VF-EF, RR, ex Ahmed Sultan Collection. Based on a full zeri mahbub of this reign, with its weight standard of about 2.40g.

Estimate: 260-325 USD