I performed follow-up measurements of this object, while it was still on the PCCP webpage. Stacking of 5 unfiltered exposures, 20 seconds each, obtained remotely on 2018, December 20.5 from H06 (T20 - iTelescope network) through a 0.1-m f/5.0 astrograph + CCD, shows that this object is a comet with a diffuse coma about 1.5 arcmin in diameter and sharp central condensation.
MPEC 2018-Y52 assigns the following preliminary parabolic orbital elements to comet C/2018 Y1: T 2019 Jan. 27.16; e= 1.0; Peri. = 354.05; q = 1.14; Incl.= 160.69
Below you can see a graph generated using the software Orbitas and showing the predicted magnitude (in red) versus the maximum height (for Northern Hemisphere). (click on the image for a bigger version). Preliminar orbit has the comet 0.2 AU from Earth with a peak magnitude of about 6 at the beginning of February 2019! (as always with comets, the future magnitudes reported here are only indicative). Elongation at the beginning of February 2019 will be 160 degrees (maximum height will be very good for Northern Hemisphere at peak around 80 degrees, good for Southern until few days before peak then decreasing fast).