Watch List notes:

China (People's Republic), gold proof five-coin Panda denomination set (5, 10, 25, 25 bimetallic and 50 yuan), 1993 P, all NGC PF Ultra Cameo, 69, 69, 69, 68 and 69 respectively. KM-473, 474, A613, 487, A614; PAN-202A, 201A, 200A, 199A, 198A. With P for Proof appearing to right of the Panda. Very few in each of the gold coins in this set are known in higher MS 70 grade in the current NGC census. Mintage: 2,500 sets. Pedigreed to the Gansu Collection of Chinese Panda Coinage.

Estimate: $3000 - $4500