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.
Since the second exchange of the Year of the Dragon commemorative banknotes, the market performance has indeed aroused heated discussions among many collectors. The debut of this Zodiac series commemorative banknote has undoubtedly brought a new breath and expectations to the market. In the face of the secondary exchange, many voices predict that there may be a downward market, but from the actual situation, the market of the Year of the Dragon commemorative banknotes has not shown major fluctuations, but has shown a certain degree of resilience, and is stably maintained in the range of 60~68.
This phenomenon may not come as a surprise. After all, the second appointment of ordinary commemorative coins and commemorative banknotes for the Year of the Dragon in 2024 is extremely difficult, and many collectors have not been able to do so. In the process of making an appointment, its popularity has almost reached the point of "second light". This also makes the supply of goods for the second appointment exchange flow more into the hands of scalpers and currency dealers. This change in the relationship between supply and demand has undoubtedly had a certain impact on the market.
At the same time, the reservation lottery for the Chinese banknotes millennium gold and silver commemorative coins is also coming to an end. Judging from the current participation, the popularity of the rectangular 30-gram silver coin continues to rise, and it has exceeded the 30,000 participation mark. This number has grown so fast that many people have not expected. According to current trends, the number of participants at the end of the appointment is likely to reach around 35,000 to 40,000.
However, compared with the large set of gold and silver commemorative coins of Chinese banknotes and gold and silver sets, the number of participants is relatively deserted. Although it is not difficult to exceed 100 participants in the Millennium Set of Banknotes, it seems to be difficult to reach 200. The number of participants in the millennium gold and silver set is only about 3,500, and it is still unknown whether it will eventually reach 4,000 people to participate in the scheduled lottery.
Overall, the collectibles market is always full of uncertainties and uncertainties. Whether it is the stable performance of the Year of the Dragon commemorative banknotes or the hot lottery of Chinese banknotes for the Millennium Gold and Silver Commemorative Coins, it reflects the love and pursuit of collectors for scarce and unique collections. The changes in the market always affect the hearts of every collector, and we will continue to pay attention to the market dynamics of these commemorative coins and commemorative banknotes, and look forward to them bringing more surprises and collectible value.