Watch List notes:

MUGHAL: Muhammad Shah, 1719-1748, AR 1/5 rupee (2.28g) (Arkat), DM, KM--, iridescent toning, choice EF, R, ex K.W. Wiggins Collection. Prior to 1765, the Nawab of Arcot (Arkat) was a governor appointed by the Mughal Emperor. A similar piece was sold at our Auction 20, Lot 1327, for $280.

Estimate: 100- 120 USD