laitimes

High-priced recycling: The old renminbi is not worth more and more the longer it is

Many citizens have more or less preserved some old renminbi in their homes, and some people still firmly believe that the longer they stay, the more valuable they are, but is the actual situation really what they imagined? The renminbi, which has withdrawn from the circulation market, does have a unique historical significance, but it cannot be explained that it is worth a certain amount, and its own value is also linked to the circulation and quality of the factors at that time.

High-priced recycling: The old renminbi is not worth more and more the longer it is

In recent years, rmb collection has spread all over the country, and mobile vendors who recycle old rmb at high prices can be seen at any time in the streets and alleys, so that many people believe it to be true and have taken the old RMB at home to exchange. In reality, however, many of the banknotes taken by the public were worn out, and they were disappointed after revaluation. In fact, there is an unwritten industry standard for the recycling of old renminbi, and the appearance of old coins, the degree of newness and oldness are different, and the recovery price is also very different.

Since the founding of New China, a total of 5 sets of RMB have been issued, of which the first two sets have a short issuance time, and the circulation time of more layouts is short, and the collection is extremely difficult. Therefore, many numismatic enthusiasts have focused their energy on the third and fourth sets of renminbi, and the third set of renminbi issued since 1962 has withdrawn from the historical stage after 38 years of circulation, but it is still active in the collection market.

High-priced recycling: The old renminbi is not worth more and more the longer it is

The value of the old renminbi is getting higher and higher, which makes many people smell the wind. However, there are many tricks in it, and it is easy for novices to be deceived if they don't understand anything. The market does not mean that the older the renminbi, the higher the value, only the small amount of issuance at that time, the price of the old renminbi that is rarely preserved today is high, and it is still required to be new or good-quality, and the pollution, creases or breaks on the banknotes directly affect its price. In addition, due to the poor printing level of the old renminbi, it is easy to build, and the public can ask professionals to identify it on the spot to avoid being deceived.

High-priced recycling: The old renminbi is not worth more and more the longer it is

Read on