Watch List notes:

China (People's Republic), gold 1/2 oz proof official Panda issue, 1989, Munich International Coin Fair, NGC PF 69 Ultra Cameo. KM-XMB44; PAN-112A. Only seven higher at PF 70 in current NGC census. Mintage: 1,500 (planned; actual and surviving unknown). While the name of the show was technically NUMISMATA, the Munich show in 1989 was specified on this coin as MUNICH INTERNATIONAL COINS FAIR (called Munich International Coin Exposition by KM and MUNICH INT'L COIN SHOW by NGC). Pedigreed to the Gansu Collection of Chinese Panda Coinage.

Estimate: $900 - $1350