Guangzhou Yuan Building (commonly known as the "Copper Coin Building") was put up for auction on Ali's legal auction platform 15 days ago.Although it has attracted more than 20,000 people to watch, so far, no one has signed up.. Data from the auction platform shows that the building has an appraised value of approximately 1.6996 billion yuan, a starting price of 1.36 billion yuan (20% off the appraised price), and a deposit of 67,986,173 yuan to participate in the auction.
It is reported that the building will officially start auctioning on November 13. If there is still no bid, a second auction will be held.

Guangzhou Yuan Building, commonly known as “Copper Coin Building” or “Local Rich Yuan”.138 meters high, 33 floors, with a construction area of approximately 105,000 square meters and an outer diameter of 146.6 meters.
Designed by Joseph DiPasquale, a professor at the Politecnico di Milano in Italy, it was inspired by the opening gong of the Guangdong Plastics Exchange and the ancient jade jade unearthed from the tomb of the King of Nanyue, which symbolizes "a round sky and a square place" and commercial prosperity. It was built in 2013 with a total investment of about 1 billion yuan, and 100,000 yuan was spent on a public search for names.
The designer's original intention was to present the image of a "jade bi", forming a "double-ring jade bi" with the reflection of the Pearl River, but the public generally interpreted it as a "copper coin", and the cultural meaning was distorted.In 2017, it was rated as one of the "Top Ten Ugly Buildings in China" by netizens..
