Recently, there has been no new coin issued, so many Collectors are eagerly looking forward to what commemorative coins can be reserved next.
Recently, there was a news in the industry that 2 commemorative coins with a face value of 5 yuan are about to be issued, and the issuance method will change greatly. What is going on and what impact will it have on the appointment of Tibetan friends, let's take a look at it in advance.
Huangshan coin and Emei mountain coin will be issued soon
According to this year's ordinary coin issuance plan, the first to be issued are the Huangshan coin and the Emeishan coin, which belong to the double heritage series and will be a square commemorative coin with a face value of 5 yuan.
At present, the news in the industry is that these 2 commemorative coins will adopt the bidding system.
What is the bidding system? The Wuyishan coin and the Year of the Ox commemorative coin adopt this new issuance system, and unlike the ordinary issuance, it will use bidding to determine a bank to undertake the appointment exchange work. In contrast, the bank can be responsible for the binding of commemorative coins as a reward.
This system was suspended after the second bull due to the poor performance of the binding coin.
But in the double inheritance coin, the industry rumors will resume bidding.
There are 2 major effects on reservations
The way bidding and issuance has a relatively large impact on the appointment of Tibetan friends.
First of all, in the case of the same amount of commemorative coins, tens of millions of dollars will be taken out for binding the responsible bank. In this way, the number of reservations available for Tibetan friends will be greatly reduced, and the difficulty of making reservations will naturally increase.
Secondly, the selection of appointment banks will also become very narrow. Under the new system, there is only one major bank responsible for making an appointment, so there is little choice. There are also Tibetan friends who are worried that what to do if there is no local winning bank, don't be afraid, there will be a certain number of small banks to cooperate to ensure that each region can be exchanged.
However, many Tibetan friends may not be able to make an appointment at a bank they are familiar with.
All in all, for our ordinary Tibetan friends, the difficulty of making an appointment will increase.
What are the implications for the value of the collection
As the booking difficulty increases, will its collection value also increase? Judging from past performance, it is a pity that it will not.
This is because the binding book premium of the Wuyishan coin and the Year of the Ox commemorative coin is extremely high, and it did not take long to fall below the issue price, resulting in not many Tibetan friends at all, so the number of these available for binding, in the subsequent days, was not bound at all, but continued to flow out continuously.
Previously, Tibetan friends often asked why the issuance of the Year of the Ox commemorative coin was 100 million less than the rat coin, but the performance was worse than the rat coin, which is the reason. In the same way, Wuyishan coins have also been greatly affected.
Therefore, once the binding coin does not perform well, it will affect the collection value of the commemorative coin. However, there are two cases of failure of commemorative coins in the past, and even if bidding is used this time, the number of corresponding bindings will continue to decrease.
Previously, tarzancoin's binding book performance was excellent, and if the amount is reasonable, the new currency binding may also become a good thing.
In any case, huangshan coins and Emeishan coins, as the finale of the double heritage series, are small in denomination and circulation, and their performance will certainly not be bad. If this is the case, the tender announcement can meet us as soon as March or April, so get ready to make an appointment.