China
People's Republic of China. Palladium Panda Proof 50 Yuan (1 ounce) 1989 PR68 Ultra Cameo NGC, KM227, the only palladium Panda issue. Sharply struck, with superb cameo contrast. The only imperfection is a small stain on the panda's head. Mintage of only 3,000 pieces.
Estimate: 2000-2500 USD