I've only seen one single coin shop in Guangdong selling graded coins (and it was just a small corner). If it's still only a submission center in Guangzhou then I doubt it will have much of an impact.
This should be interesting to watch develop, it could result in greater acceptance of graded coins as they penetrate deeper into the Asian market. PCGS Opens Hong Kong Office "In a major expansion of its international services and activities, the Professional Coin Grading Service (PCGS) division of Collectors Universe, Inc. (NASDAQ: CLCT) has established a Hong Kong-based authentication and grading operation. The new Asia venture will be known as Collectors Universe (Hong Kong) Ltd." (more...) http://www.coinnews.net/2012/01/06/pcgs-opens-hong-kong-office/
It's a really smart move by both NGC and PCGS starting offices in China... Getting into the Modern Chinese Coin scene will give them both very big advantages, and a potentially huge market.
