Author Topic: Graded Coins in China  (Read 10201 times)

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Offline pandamania

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Re: Graded Coins in China
« Reply #30 on: April 01, 2013, 10:22:42 AM »
Dealers are still selling mostly OMP in the local market.  However,  online auctions like zhaoonline transitioned to almost all NGC coins since later 2011.  NGC commands 20-30% premium to pcgs with same grade.  And 30-40% to raw coins.


Pandgongzi,

Is it reasonable to presume that dealers within China are selling OMP because of the relative difficulty and expense of getting coins graded there?

Is it also reasonable to presume that zhaoonline and China eBay dealers like xuhong have transformed to NGC graded coins because that is what has been transferring since 2011 from US to China buyers and that this is the trend of the future for dealers within China as well?

It would also seem to follow that as more NGC coin supply reaches the market in China that the premium to both PCGS and raw coins will shrink. Do you agree?

Regards,

Pandamania

Offline wittu

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Re: Graded Coins in China
« Reply #31 on: April 01, 2013, 10:58:20 AM »
Hi,

another possibility:
They really like to buy OMP and just looove to sell gradet  N16

Greetings from Germany,
wittu  N48