Watch List notes:

China (People's Republic), gold 25 yuan (1/4 oz) Panda, 1995, large date (Shanghai mint), NGC MS 70 ("top pop"). KM-717; PAN-237A. One of only eleven pieces at MS 70 in the current NGC census. Anthony: "1995 was an interesting year for Pandas. Although announced mintages were reasonable it soon became clear that Pandas from this year were difficult to come by. This was a time period when many other series of Chinese coins took over the spotlight and collectors, or even hoarders, for this coin were few. So it's no surprise that the 1995 25 Yuan remains a scarce coin today. In fact it is now considered to be the key coin of the entire 1/4 oz. gold Panda series and commands a commensurate price." Actual mintage for both mints: 13,710; estimated extant population for this variety