ILKHAN: Ghazan Mahmud, 1295-1304, AR dirham (2.12g), [Tiflis], AH(696), A-2168N, Bennett-346b (this piece), obverse in Arabic, the cross at the bottom of the reverse field is within the Georgian letter D, standing for David VIII (1st reign, 1292-1299), and the Georgian word MePe ("king") to the left, some porosity, VF, RRR, ex Christian Rasmussen Collection.
Estimate: USD 300 - 400