Dirham - al-Mu'ayyad Ahmad III

Ahmad III's reign lasted roughly three months in 1461 before he was deposed — the second of two brief Mamluk sultans that year, bracketed by the longer reign of Inal before him and Khushqadam after. Coins struck under such short-lived rulers were produced in limited quantities almost by definition, and few circulated long enough to accumulate meaningful wear.

By this period Mamluk silver had been debased repeatedly, and the dirham had shed most of its commercial relevance to the gold dinar and increasingly to Venetian ducats flooding Levantine trade routes.