Watch List notes:

MUGHAL: Muhammad Shah, 1719-1748, AR rupee (11.00g), "Arkat", AH115x, KM-436.7, unusual floral symbol above the word (sana) on the reverse; presumably a local issue at some undetermined mint to satisfy trade payment necessity, choice EF, RR, ex Charles W. Lueders Collection. The KM illustration for type 436.7 is this piece! See also Zeno-106614 for another example with the same ornament on the reverse.

Estimate: 140-180 USD