Watch List notes:

China (People's Republic), gold 1/2 oz Panda, 1982, NGC MS 69 ("top pop"). KM-XMB10; PAN-3A. Desirable first year of issue, and "the most difficult to find of the four Pandas of this date" (Anthony). Mintage: 13,391. The NGC census shows none at MS 70. Pedigreed to the Gansu Collection of Chinese Panda Coinage.

Estimate: $2000 - $3000