During the period between about 1530 - 1550 AD, there was chaotic situation in Kashmiri politics, with the rivalry between the local dynasty of Chak. The Kashghari occupants and the Mughals under Humayun, who afterwards made the Kashghari noble Haidar Dughlat their vassal, who were all fighting for power. Nadir Shah was crowned three times in this period. Gold coins of his very short-lived third and final reign have hitherto not been known, until this coin surfaced. The fact that it belongs to his third reign is confirmed from its stylistic similarity with the coins struck INO Humayun by Haidar Dughlat, which immediately preceded this issue. A exclusive rare and important coin of an ephemeral reign.