Watch List notes:

China (People's Republic), palladium proof 50 yuan (1 oz) Panda, 1989, NGC PF 68 Ultra Cameo. KM-227; PAN-108A. The first palladium Panda coin (i.e., denominated), its population reduced by meltage in the 1990s, but also a "something of an orphan" (Anthony) since after this year palladium was discontinued until 2004. Mintage: 2,000 (planned; actual and surviving unknown). Pedigreed to the Gansu Collection of Chinese Panda Coinage.

Estimate: $2000 - $3000