Watch List notes:

China (People's Republic), gold 100 yuan (1/4 oz) Panda, 2004, Industrial and Commercial Bank of China 20th Anniversary, NGC MS 70 ("top pop"), ex-Gansu. Fr-B16; KM-1540; PAN-384A. Perfect example of this commemorative Panda, tied with just five others for finest known in the NGC census. Mintage: 50,000 (planned; actual and surviving unknown). Pedigreed to the Gansu Collection of Chinese Panda Coinage.

Estimate: $400 - $600