Watch List notes:

India, British Colonial. George V CU 1/4 Anna. Sailana mint, 1912. GEORGE V KING EMPEROR, crowned and draped bust to left, wearing chain of the Most Eminent Order of the Indian Empire / Denomination, INDIA and date in five lines within pelleted border; SAILANA STATE in English above, and Devnagari below. KM 16.

NGC graded MS 63 BN (#6322348-002).

From the inventory of a UK dealer.