China
People's Republic silver Proof Panda 50 Yuan (5 oz) 1994 PR69 Ultra Cameo NGC, KM617, Cheng page 150, #1, Pan-220A. Housed in and NGC jumbo holder. Dramatic highpoint frost accentuates deeply mirrored fields and untoned surfaces. Mintage of 3,000 pieces.
Estimate: 2000-2500 USD