The 2024 Chinese New Year of the Dragon ordinary commemorative coins and commemorative banknotes are coming to an end, and the majority of collectors have been more concerned about the market since the second exchange. Because in the past, after the second exchange of ordinary commemorative coins and commemorative banknotes, the market fluctuations will be relatively large, and even some varieties will return to face value collection.
However, the market performance of ordinary commemorative coins and commemorative banknotes for the Year of the Dragon in 2024 is very stable, and the overall market of ordinary commemorative coins for the Year of the Dragon remains around 13~13.6. This market performance also surprised many collectors, because the market performance after the second exchange of ordinary commemorative coins for the Year of the Tiger in 2022 and the ordinary commemorative coins for the Year of the Rabbit in 2023 is not at the same level at all. Because the market fluctuations after the second exchange of the Year of the Tiger and the Year of the Rabbit are very large, especially after the second exchange of ordinary commemorative coins in the Year of the Rabbit, they are also close to the face value collection.
According to the market performance of the Year of the Dragon commemorative banknote after the second exchange, many collectors have different opinions, because the Year of the Dragon commemorative banknote is also the first issue of the Zodiac series of commemorative banknotes, and there is no variety to refer to. Most collectors believe that the Year of the Dragon commemorative banknotes may fall after the second exchange. However, from the actual market performance, the market situation after the second exchange of the Year of the Dragon commemorative banknotes has not changed much, and there are even some rebounds, and the latest market situation of the Dragon commemorative banknotes can probably remain at about 60~68.
I think it is relatively normal for such a market performance to occur, because it is still very difficult to make a second reservation for ordinary commemorative coins and commemorative banknotes for the Year of the Dragon in 2024, and there are also seconds in the reservation process. Most collectors have not made an appointment, and judging from the current market feedback, most of the sources of secondary reservation exchange are still concentrated in the hands of scalpers and currency dealers.
In addition, the Chinese banknote millennium gold and silver commemorative coin appointment lottery will end tomorrow, from the current participation in the situation, the most popular or rectangular 30 grams of silver coins have also exceeded 30,000 people to participate, yesterday I was still saying that the appointment will break through 30,000 before the end of the appointment, I did not expect to break through the 30,000 people participation mark so soon, according to the current progress, it is very likely that the appointment will end at about 35,000 to 40,000 participants.
The number of participants in the Chinese banknotes millennium gold and silver commemorative coins and gold and silver sets is still very small. There is nothing wrong with the number of participants in the Millennium Set of Banknotes exceeding 100, but it is basically impossible for the number of participants to exceed 200. The number of participants in the millennium gold and silver set of banknotes is also relatively average, and there are only more than 3,500 people participating, and I don't know if there will be 4,000 people participating in the appointment lottery of the millennium gold and silver set of banknotes after the end.