Watch List notes:

ISLAMIC COINS, KAKWAYHID, Muhammad b. Dushmanzar, Silver Dirham, Jurbadhaqan 416h, obv field at 12 o'clock in tiny letters, 'Adud al-malik, in field within ornamental enclosure al-Qadir billah/Muhammad bin Dushamanzar, rev field within ornamental enclosure Shahanshah/Majd al-dawla/bin Fakhr al-dawla, 2.98g. About extremely fine and extremely rare.
The dies from which this coin was struck were very carefully and artistically engraved.

Estimate: £350-400