Watch List notes:

China (People's Republic), gold 1/2 oz proof official Panda issue, 1991, Munich International Coin Fair, NGC PF 68 Ultra Cameo. KM-XMB69; PAN-166A. As mentioned previously, this issue bears the lettering MUNICH INTERNATIONAL COINS FAIR (which NGC calls SHOW) despite the show's proper name of NUMISMATA. Mintage: 1,500 (planned; actual and surviving unknown). Pedigreed to the Gansu Collection of Chinese Panda Coinage.

Estimate: $800 - $1200