Watch List notes:

China (People's Republic), gold 25 yuan (1/4 oz) Panda, 1996, 15th Anniversary of the Issuance of Chinese Panda Gold Coinage, NGC MS 69. KM-891; PAN-267A. Only seven higher at MS 70 in the current NGC census. From a three-denomination set of special issues showing an additional legend below the Temple to commemorate the fact that this was the fifteenth year of Panda series coinage. Mintage: 8,000 (planned; actual and surviving unknown). Pedigreed to the Gansu Collection of Chinese Panda Coinage.

Estimate: $500 - $750