When I call PCGS on an invoice status a couple of times they have said that their pros are in Asia, Hong Kong, etc., on a trade show or grading junket. Just how big is the Asian market at this point? Is NGC trying to tap into it also? Thanks.
[h=3]An Update on PCGS in Hong Kong PCGS Video on YouTube[/h] [video=youtube;pZrXlI2ZOW8]http://www.youtube.com/watch?feature=player_profilepage&v=pZrXlI2ZOW8[/video]
Have a look here then: http://www.pcgsglobal.com/articles.aspx NGC apparently has a representation in Taiwan; maybe elsewhere in Asia too: http://www.ngccoin.tw/services.asp Christian
A bit different, as this addresses bullion somewhat more than numismatics, Perth Mint Bullion discusses the Chinese Demand For Aussie Gold Not Slowing [video=youtube_share;rPTWR6Kbpok]http://youtu.be/rPTWR6Kbpok[/video] With the allowance for citizens in countries like China to own gold causing rise in demand for bullion and precious metals collectible coins, I think PCGS and NGC are acting very savvy to get a foothold in the Asian marketplace. It is an enormous opportunity. Also, with their presence in Asia, TPGs can work to inform and assist collectors there and perhaps head-off fakes coming from this region of the world and doing harm to other markets for bullion and collectibles.
If I remember correctly I think PCGS is playing catch up here. I believe NGC has had an office in chine for a couple of years now. The asian market is a strange one. The asian collectors would much rather have a NGC graded coin then a PCGS one... It's a strange market.
