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Daniel Frank Sedwick, LLC
Treasure Auction 32  3-4 Nov 2022
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Lot 612

Starting price: 160 USD
Price realized: 220 USD
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China (People's Republic), gold 5 yuan (1/20 oz) Panda, 1993, large date (Shanghai mint), NGC MS 70 ("top pop"). KM-473; PAN-193A. One of only 32 pieces at MS 70 in the current NGC census, all characteristically well struck, "among the best looking Pandas of the decade," according to Anthony, who also says: "Despite a large reported mintage this is a surprisingly hard-to-find coin today ... partly because so many were used in jewelry. Another attrition factor was the melting pot." His survival estimate is just over 3%. Unlike the largest denominations, the difference between the small- and large-date varieties is easy to see in this denomination. Mintage for both mints: 100,000 planned, 158,364 actual, with an estimated extant population of
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