Coin Certification at the 2009 Beijing International Coin Exposition

Posted on 11/2/2009

NGC receives considerable attention at the Beijing International Coin Exposition held October 30 to November 1, 2009.

The Beijing International Coin Exposition (BICE) is China’s premier convention for modern coins, providing a showcase for mints from around the world and China’s own precious metal issues. Nearly 200 exhibitors from 18 countries participated, with NGC in attendance for the first time.

Much of the focus of the event surrounded on new Chinese commemorative coinage issues. After the enormous success of the 2008 Beijing Olympic coins, new China Mint commemorative programs face a high bar. The 2009 programs are already proving popular, especially the issues celebrating the 60th Anniversary of the founding of the People’s Republic of China.

There is a growing awareness of independent rare coin certification in China as well. The numismatic marketplace is expanding at a rapid rate. As new collectors enter, they appreciate the additional security provided by NGC’s guarantee of authenticity and grade. NGC accepted coins for certification at the show through its submission center, Guangzhou GB. For much of the show, crowds surrounded NGC’s booth to learn about the benefits of professional certification.

The official BICE auction included two lots of NGC-certified coins, the first and only certified coins ever offered in the BICE auction. Lot 67 was a 2008 Panda Silver 300Y graded NGC PF68 and encapsulated in NGC’s oversize holder. It realized RMB 15,000 (US$2,197). Lot 76 was a set of 2009 Precious Metal Coinage 30th Anniversary Commemorative Panda Gold 100Y and Silver 10Y coins graded NGC MS70 and MS68 respectively. The lot realized RMB 7,200 (US$1,055).

During much of the event, crowds surrounded NGC’s booth at the 2009 Beijing International Coin Exposition.

A quieter moment reveals the NGC trade show booth. The small table was used to prepare and document submissions taken during the event.

The show's official auction included two lots of NGC-certified coins, the first and only certified coins ever offered in the Beijing Expo sale.

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