Watch List notes:

China (People's Republic), brass proof 1 yuan Panda, 1983, NGC PF 69 Ultra Cameo. KM-85; PAN-12A. Anthony considers this piece a "Panda cousin" (not part of the same series but with a similar panda motif, the other side showing the Chinese arms as opposed to Beijing's Temple of Heaven) but still calls them "Panda coins" and says: "Very, very few of these brass coins ever achieve a MS-69 grade" due to the fact that brass oxidizes and damages so easily. Pedigreed to the Gansu Collection of Chinese Panda Coinage.

Estimate: $300 - $450