Watch List notes:

Maratha Confederacy, Rupee, in the name of Shah 'Alam II, Murtazabad 122xh, year 2x, Nagari and Persian script on both sides, 11.32g (MW p.69, T2; KM 332). Very fine and very rare.
ex Buckland Dix & Wood, 16 March 1994, lot 830

Estimate: £300-400