High-priced recycling: Dragon banknotes, which once plummeted, have now risen by more than 1600%!

There's you along the way, 111

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There you along the way,

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Century Dragon Banknote, the first plastic banknote in the mainland, is also a popular product in the commemorative banknote market.

But you know what? This banknote once fell to near par value!

As we all know, the price of commemorative banknotes has a great relationship with the amount of issuance and denomination, and the price will be relatively low if the circulation is large.

Large circulation

Because there were far fewer collectors of commemorative banknotes at that time than now, the public's acceptance of commemorative banknotes was not high, and the circulation of 10 million yuan could be regarded as a daily volume at that time.

Let's compare the circulation of several commemorative banknotes at that time:

At that time, when everyone looked at the dragon banknote, it was the same as we look at the aerospace banknote now. Dragon banknotes also experienced the same fate as aerospace banknotes, experiencing a brief rise after being issued, and then plummeting all the way.

High denominations

At that time, the economic level was not high, and everyone's purchasing power was far less than now. A dragon banknote with a face value of 100 yuan is worth half a month's income for many families. At that time, the average monthly income per person was only 480 yuan, and it was not easy to take out 100 yuan to buy dragon money.

Combining these factors, it led to a sharp decline in the price of dragon banknotes, which once hovered near the par value and did not trade actively. At that time, the bank did not collect dragon money, and the money in everyone's hands was difficult to cash out, and it could only circulate in the collection circle. It was not until later that the central bank issued an announcement requiring unconditional face value recovery that the decline was stopped.

Olympic money saves the field

The slump continued for several years until the 2008 Olympic banknotes were issued. The circulation of Olympic banknotes is only 6 million, which is nearly half less than the circulation of dragon banknotes, and it is a small denomination of 10 yuan.

A small number of people have triggered a rush to buy, the Olympic banknotes have created the myth of commemorative banknotes, and more people have begun to collect commemorative banknotes, so the entire commemorative banknote market has been ignited.

It was also from this year that the dragon banknote opened a crazy upward pattern, reaching more than 3,000 yuan at the highest time.

Driven by the Cultural Exchange, it almost broke through 4,000 yuan. Later, the bubble of the Cultural Exchange burst, and the price of dragon banknotes fell to more than 2,000.

Now, it has been 20 years since the issuance of dragon banknotes, after such a long period of precipitation, the bubble has also disappeared, the market price has begun to stabilize near the scattered 1650 yuan, and the price of the number is more expensive, 175,000 to 190,000 yuan in Bailian.

In fact, the commemorative banknote market is such a law, there will be a short rise when the new banknote is issued, and friends who want to do short-term investment should decisively throw it at this time.

After a period of rise, the price will fall again, oscillating under the influence of various market factors, and finally stabilizing in a reasonable price range.

Therefore, if you want to hold friends for a long time, you must have a strong psychology, withstand short-term declines, and cover up, in order to sell well.

At present, the market of aerospace banknotes and the market of dragon banknotes in that year are more similar, are you optimistic about aerospace banknotes?