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Strong Demand for PCGS-certified Coins at the 24th Tokyo International Show and Taisei Auction

May 9, 2013 – PCGS took part in the 24th Tokyo International Coin Convention (TICC), the most important and established coin fair in Japan, May 2-4, 2013 at Royal Park Hotel, Tokyo.

In conjunction with the TICC, Taisei Auction 2013 took place on May 3, 2013 at the same venue which attracted hundreds of thousands of coin dealers and lovers to the auction hall to view and bid for the treasures of Japanese, Chinese and other World vintage and modern coins.

PCGS-certified coins are gaining popularity in the numismatic market in Japan. As per Mr. Masahiro Oka, Taisei CEO, “The “Taisei Auction” celebrated the 3rd year as the official public auction of TICC since 2011. And offered more foreign coins in addition to booming Chinese coins.”

Among the highlights of PCGS-certified coins in the auction were:

  • Japan Meiji Year 4 (1871) Dragon silver 5 Sen graded PCGS Secure AU Details. Estimated selling price ¥70,000.
  • Japan Meiji Year 3 (1870) Shallow Scales silver 5 Sen graded PCGS Secure UNC Details. Estimated selling price ¥50,000.
  • Japan Meiji Year 3 (1870) 1 Yen graded PCGS AU58. Estimated selling price ¥50,000

One of the special highlights of the TICC show this year is that Taisei Corporation offered the newly released 2013 1 oz. Gold and Silver Panda coins, graded PCGS MS69 and MS70. The coins are one of the most wanted modern Chinese coins and were certified by PCGS during the April 2013 Hong Kong International Coin Convention, concluded just a few weeks ago.

“We are very excited to participate again in the TICC show. Japan remains a strong growing market for PCGS-graded coins. Having the PCGS Hong Kong Submission Centre open all year long facilitates submissions from Japanese collectors and dealers. Japanese coin collectors especially value high-quality coins, and are thus keener every year on PCGS independent third-party world-wide recognized grading standards and the added coin value, guarantee and liquidity which they ensure them,” said Muriel Eymery, PCGS Vice President of International Business Development.
“We just revamped the PCGS Population Report for Japan and continue developing a price guide adding Japanese auction results for Japanese coin lovers on our site,” Eymery added.

You may also visit the PCGS Asia website.

More information about the Tokyo International Coin Convention is available here.

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