I believe that many people have seen the following RMB recycling price list:
Of course, more friends may have seen similar information in major self-media or circles of friends. The acquisition entities are different, and there are even articles that directly claim to be recycled by the Bank of China.
So is there really a Bank of China recovering coins at a high price? How can it be!
Banks will never pay back at a premium!!!
This can be verified with any Chinese bank in the country, and there has never been a notice similar to the recovery of coins, and the bank only exchanges the residual and damaged renminbi in circulation. There is no premium to recover the issued coins, and to recover is also equivalent to the recovery.
In addition to the bank recycling that has gone viral on the Internet, individual or company recycling is more common, and even in real life, a hawker-like person has set up a stall at the entrance of the market, set up an X-stand, and started this coin recycling business.
Because everyone always has some coins in their homes, many people who are not familiar with the truth of coin collection are ecstatic when they see this price list, thinking that they are going to get rich.
The online quotation form is full of errors and omissions
Careful and numismatic friends will find that there are some obvious errors in the online quotation table. For example, in 1962, 5 cents was 1200 yuan per coin, and in 1957, 1 cent was 9 yuan per coin.
This is simply fooling the people! In fact, no 5 cents were issued in 1962, and the current market price of 1 cent in 1957 is more than 100 yuan, but its recovery price is less than one-tenth of the true value of the cent.
Could this be the carelessness of the rumor-mongers? Non-also, in fact, it is deliberate! The non-existent value of the cents is made into a sky-high price, and then the recovery price of the valuable cents is set far below the real value of the market.
The introduction of this price list is purely used by criminals who go to the countryside to buy paper money and coins to fool the common people in order to make huge profits. Don't be fooled!
The following scam is also very common, many fans in the background to consult the xiaobian fault coin, most of them are suspected of encountering this scam.
"Wrong currency bid millions" auction scam
Recently, some collectors have reported that they are suspected of encountering auction scams: some so-called art auction companies first evaluate collectors' collections at extremely high prices, and then sign contracts with collectors in auction or "private transactions", collect fees in various names before the transaction, and then prevaricate afterwards, neither trading nor refunding the upfront fees, and the seller can only eat "dumb losses".
Among them, the most common deceptive variety is the wrong coin, due to the help of many media, many people believe that the wrong coin is worth millions.
Similar news networks abound
But most of the so-called wrong coins you can see are either based on the original currency, such as watermark inversion, watermark disappearing, such as careful observation or observation with the help of amplification instruments, you will find the traces of knife cutting, pasting, and scraping.
Or the strange Mao Zedong head has an extra mole, Chairman Mao's tears, eyebrows upturned, etc., many of which are dirty in the process of use.
The biggest bit of confusion in the wrong money scam: this banknote bank identification is real money! Please note that the wrong currency is not counterfeit money, and artificially creating the wrong currency will not change the anti-counterfeiting attributes of the RENMINBI, so the money detector can pass.
As for the kind of person who sees a dirty dot or the like and thinks that it is the wrong currency, the money detector cannot be recognized.
Finally, Xiaobian reminds that regular auction companies generally do not charge any fees before auctions, and 99.9% of those who charge various fees before auctions are scam companies!