Watch List notes:

SIKH EMPIRE: AR rupee (8.37g), Peshawar, VS1892//1892, KM-98.2, Herrli-13.02.04, first series, struck with a leaf of dotted border on the reverse, and to the second standard of about 8.45g, bold VF, R, ex Butalia Collection.

Estimate: 220-280 USD