People's Republic bi-metallic gold & silver Proof "Panda" 500 Yuan 1996 PR68 Ultra Cameo NGC, KM897, PAN-261A. 80mm. Numbered #50 on edge. An immense, seldom-seen Proof containing 5 oz of pure gold and 2 oz of silver, and the largest denomination of the unusual bi-metallic types. Peter Anthony reports a strictly limited planned mintage of 199 pieces, and judging from the absolute paucity on the marketplace the actual mintage might have been less or the issue is very tightly held. A quick survey at the usual sources and the most recent available Panda Pricepedia suggests none have been sold since December 2020 when a sale was recorded in mainland China, making this an auspicious opportunity to secure this elusive emission. HID09801242017 © 2023 Heritage Auctions | All Rights Reserved

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