Watch List notes:

China (People's Republic), gold 1 oz proof official Panda issue, 1988, 1st Hong Kong Coin Exposition, NGC PF 69 Ultra Cameo. KM-XMB27; PAN-93A. Only one finer (MS 70) at NGC. For this issue as well (see lot 529 above), NGC categorizes it as OFFICIAL SHOW ISSUE instead of OFFICIAL PANDA ISSUE, but at least it does not appear under MEDALS! Mintage: 500, the lowest REPORTED mintage of the 1 oz medal series (planned; actual probably higher). Pedigreed to the Gansu Collection of Chinese Panda Coinage.

Estimate: $4000 - $6000