Watch List notes:

China (People's Republic), gold 5 yuan (1/20 oz) Panda, 1985, NGC MS 70 ("top pop"). KM-113; PAN-26A. One of only 30 graded MS 70 at NGC. About 1985 Pandas in general, Anthony says: "not many are gems" because "vast quantities of these coins were shipped to jewelers to be placed in settings." Mintage: 210,175 (but < 35,000 extant). Pedigreed to the Gansu Collection of Chinese Panda Coinage.

Estimate: $300 - $450