Watch List notes:

BRITISH INDIA: George V, 1910-1936, AR rupee, 1911(c), KM-523, S&W-8.11, so-called "pig"-style elephant, one-year type, a superb lustrous example! PCGS graded MS65. The 1911 accession to the throne of Emperor George V led to the famous "pig rupee." On the coin, the King appeared wearing the chain of the Most Eminent Order of the Indian Empire. Because of poor engraving the elephant looked very much like a pig. The Muslim population was enraged and the image had to be quickly redesigned.

Estimate: 500-700 USD