China
People's Republic silver Panda Proof Medal ND (1991) PR69 NGC, Pan-164A, Cheng page 101, #4. Mintage: 2,000. Commemorating the 10th anniversary of Panda coinage. NGC has this as Proof on the holder, but this piece is fully frosted, with a matte-like finish, and has more UNC characteristics. They have called these pieces UNC previously.
HID02901242017
Estimate: 600-800 USD