Watch List notes:

KHWARIZMSHAH: LOT of 20 silver broad dirhams, issues of 'Ala al-Din Muhammad (1200-1220), type A-1719, al-sultan in obverse center, muhammad bin in reverse center, without mint name but assigned to Balkh, average weight 5.25g, several variants; most struck with 30-40% flatness on average, generally VF condition, some with light deposits, retail value $540, lot of 20 pieces.

Estimate: 200-280 USD