Watch List notes:

China (People's Republic), gold proof five-coin Panda denomination set (5, 10, 25, 25 bimetallic and 50 yuan), 1994 P, all NGC PF 69 Ultra Cameo. KM-611, 612, 613, 626, 614; PAN-225A 224A, 223A, 222A, 221A. With P for Proof to left of panda. Not many graded higher in the current NGC census. As Anthony points out, this five-coin proof set is interesting because two of its coins were also released in a different three-coin "Prestige Set" (750 released) that contained both types of 25 yuan along with a silver 10 yuan. While as many as 2500 of the five-coin denomination proof sets were authorized, reportedly only around 850 of the 50 yuan were actually made (the others all just over 1,600 pieces each). Pedigreed to the Gansu Collection of Chinese Panda Coinage.

Estimate: $5000 - $7500