Watch List notes:

China (People's Republic), gold proof five-coin Panda denomination set (5, 10, 25, 50 and 100 yuan), 1991 P, all NGC PF 69 Ultra Cameo. KM-346, 347, 349, 350, 359; PAN-152A, 151A, 150A, 149A, 148A. With P for Proof appearing behind the panda's head. The Proof issues were made in much smaller numbers than the regular issues, due to lower demand; most are still usually found in sets, as we see here, with very few (zero to five) of each denomination known in higher PF 70 grade in the current NGC census. Mintage: 3,500 sets (planned; actual and surviving unknown). Pedigreed to the Gansu Collection of Chinese Panda Coinage.

Estimate: $3500 - $5000