ALAWI SHARIF: Muhammad III, 1757-1790, AR 10 dirhams (28.35g), Tetuan, AH1195, A-597, KM-37. Dav-46A, 1st standard on 33mm planchet, PCGS graded EF45, RR. This type has the Quranic verse 9:34 which admonishes those who hoard gold and silver without spending it in a godly manner, first used on the multiple dirhams of the Samanids and their rivals in the late 10th century. Struck only at Tetuan in 1195, either on a broad flan of about 39mm or a narrow and thicker flan of about 32-34mm, of equal rarity. Both this and the earlier type (A-591/592) probably failed because they weighed about 8% more than the already circulating Spanish-American 8 reales silver coins and likely many were melted down for their silver.
Estimate: USD 500 - 700