^Lot 614 China (People's Republic), gold 25 yuan (1/4 oz) Panda, 1993, large date (Shanghai mint), NGC MS 69.

China (People's Republic), gold 25 yuan (1/4 oz) Panda, 1993, large date (Shanghai mint), NGC MS 69. KM-A613; PAN-191A. A few tiny red spots near top of Temple can be discerned on this characteristically well-struck issue, "among the best looking Pandas of the decade," according to Anthony, who also says: "Despite a large reported mintage this is a surprisingly hard-to-find coin today … partly because so many were used in jewelry. Another attrition factor was the melting pot." His survival estimate is just over 4%. Unlike the largest denominations, the difference between the small- and large-date varieties is easy to see in this denomination. Mintage for both mints: 80,006 actual, with an estimated extant population of <1,700 for this variety. Pedigreed to the Gansu Collection of Chinese Panda Coinage.
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