Watch List notes:

ROHILKHAND: AR rupee (10.71g), "Shahjahanabad", AH12(08) year 35, KM--, in the name of Shah Alam II, Nagari ram in obverse field, with his obverse (sahib qirani) legend introduced at Shahjahanabad (Delhi) in AH1202 and used until the end of his reign in 1221, somewhat harshly cleaned, bold VF, RR. The attribution to the Rohilkhand is tentative, and it may have been issued by supporters of the Nawab of Awadh or some local officials who feared inscribing the coin with the actual mint name. It is possible that "Ram" refers to the city of Rampur, about 60 miles due east of Delhi and the last holdout of the Rohilla Khans (until about 1860). A similar example, same year, sold at Baldwin's Auction 40, Lot 849, at about $535 (May 2005) (it was assigned to the Marathas for that auction, also a remote possibility).

Estimate: 300- 500 USD