Author Topic: China’s New Coin Grading System: Coins Graded Yuantai 100 Feature in Online Auct  (Read 2124 times)

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Offline Coinex

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There is much excitement in the online Chinese coin collecting community, as August saw the first appearance of coins graded using the new Yuantai system in online auction houses. Officially announced on the 5th August 2014, China’s new coin grading system is still in its infancy and trial stages, but the first pieces with Yuantai grades to hit online auction houses have created quite a storm among bidders. More information on the specific ins and outs of the system, which grades coins on a 100-point scale, can be found here.

September has seen a flurry of internet activity, with online auction house, Zhao Online, hosting a number of special auctions featuring Yuantai graded coins. On 15th September, Zhao Online Auction House became the focal point of the market, as a small date variety...

https://www.chinesecoins.com/chinas-new-coin-grading-system-coins-graded-yuantai-100-feature-online-auction/

Offline Mak007

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How will this new grading system in China effect the grading system here in the USA? Will it be a positive or negative for NGC or PCGS?

Offline Mirkkanen

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"This particular set of lots has stirred up significant interest in the online community as several of the coins featured in the auction have attained the top – and apparently rarely given – Yuantai rating of 100."

How rare can 100 be if it has already been handed out to several of the coins featured in the auction? The grading system itself is in its infancy.

Where can we view the slab?

Offline Coinex

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