⅙ Dinar - Muhammad Shah

Badakhshan, the mountainous region straddling what is now northeastern Afghanistan and Tajikistan, maintained a semi-autonomous dynastic structure well into the Timurid period. The Shahs of Badakhshan operated their own mint partly because the region controlled access to the Amu Darya trade routes and the famed ruby mines of Shighnan — revenue streams worth protecting with sovereign coinage. Muhammad Shah's issues from this decade fall squarely within a period of fractured authority across the eastern Iranian world following Timur's campaigns.

The A#2017M reference places this within Album's cataloging of the post-Ilkhanid successor dynasties, a classification that underscores how thinly documented many of these provincial issues remain.