Watch List notes:

KHWARIZMSHAH: Muhammad, 1200-1220, AR ½ medium dirham (1.76g), NM, DM (as usual), A-1720A, design copies contemporary Ayyubid dirhams of Halab (Aleppo), clear date, always without mint name, likely struck at Ghazna, VF, RR.

Estimate: 100-150 USD