Watch List notes:

CHINA (PEOPLE'S REPUBLIC): AV 1000 yuan, 1986, KM-136, Y-118, 70mm, Panda Series, reeded edge issue containing 12 ounces of 999.9 pure gold and mintage of only 2,550 coins struck at the Shanghai Mint, NGC graded Proof 68 UC, S. Photo size reduced.

Estimate: 22000-24000 USD