The 2024 Chinese New Year commemorative coins and banknotes are about to kick off, and this Thursday, April 18, at 22 o'clock, the reservation channel for ordinary commemorative coins for the Year of the Dragon will open on time, and the reservation for commemorative banknotes will be scheduled at 22:30 on the same night. The details and number of reservations for the second reservation have been announced one after another, providing a clear guide for the majority of collectors.
It is understood that the number of ordinary commemorative coins and commemorative banknotes for the Year of the Dragon that can be reserved at various outlets will be announced today and tomorrow. However, it is worth mentioning that the number of reservations for this second appointment is relatively limited, and the number of reservations that can be made at each outlet is about 100 people, which undoubtedly increases the difficulty of making appointments and the value of collections.
As the second appointment time approaches, the majority of collectors have shown great concern about the market situation of ordinary commemorative coins and commemorative banknotes for the Year of the Dragon. Recently, the market price of ordinary commemorative coins in the Year of the Dragon has fluctuated, has fallen below the 13 yuan mark, and the current market is stable between 12.8~13.5 yuan. With the end of the second appointment, the overall selling pressure is expected to increase further.
At the same time, preparations are also in full swing for the second reservation of the Year of the Dragon commemorative banknote. Although the market impact is relatively small, the market for the Year of the Dragon commemorative banknotes remains stable, and the current market price fluctuates between 57~68 yuan. The specific price also needs to be determined according to whether the number has 47, and the overall market performance shows a certain gap.
Many collectors are concerned about the market situation after the second reservation of ordinary commemorative coins and commemorative banknotes for the 2024 Chinese New Year. However, we can learn from past breeds. The circulation of ordinary commemorative coins for the Year of the Dragon is 120 million, which is similar to the issuance of ordinary commemorative coins for the Year of the Tiger in 2022 and the Year of the Rabbit in 2023. The market performance of these two varieties after the second exchange is not ideal, and it is even close to the face value collection. However, there was a noticeable rebound in the market for some time after the exchange ended.
For the new variety of commemorative banknotes for the Year of the Dragon, the market performance after the second reservation is still unknown. Since there is no breed to refer to, the opinions of collectors in the market are divided. Some collectors don't think the market is too out of the ordinary, while others predict that the Year of the Dragon banknotes may fall after the second exchange. Regardless of the outcome, this will be a big attraction in the collectibles market.