Watch List notes:

China (People's Republic), silver 1 oz proof official Panda issue, 1997, Munich International Coin Show, NGC PF 69 Ultra Cameo. KM-XMB87; PAN-302A. Only two higher at PF 70 in the current NGC census. As mentioned previously, there is confusion over the name of the show for which this issue was released, this year bearing the lettering MUNICH INTERNATIONAL COIN SHOW despite the show's proper name of NUMISMATA; also on this commemorative is 10 MUNICH PANDA for the fact that this was the tenth year of Panda issues for the Munich show. Mintage: 1,800 (planned; actual and surviving unknown). Pedigreed to the Gansu Collection of Chinese Panda Coinage.

Estimate: $200 - $300