The results of the lottery for the millennium gold and silver commemorative coins of Chinese banknotes were announced today, and many collectors are looking forward to their fate with anticipation and nervousness. When I learned that some of the lucky winners, including myself, had successfully won the Chinese banknote Millennium 30-gram rectangular silver coin, my heart swelled with indescribable joy. This silver coin is not only unique in its collectible value, but also an encouragement and affirmation of our collecting career. At the same time, almost all the Tibetan friends who participated in the lottery of the Chinese banknote millennium gold and silver set also won the lottery, which undoubtedly proves the fairness and fairness of this lottery activity.
However, the market response has not been as enthusiastic as expected. The market performance of Chinese banknotes millennium gold and silver commemorative coins was slightly weak, and only 30 grams of rectangular silver coins showed a slight performance in terms of premium, maintaining between 80~200 yuan, which is consistent with the overall market situation. As for the large set of Chinese banknotes for thousands of years and the gold and silver set, the market is even more sluggish. On some platforms, these commemorative coins can be collected directly without even making an appointment for a lottery, which undoubtedly brings a chill to the market.
Looking back at the issuance of gold and silver commemorative coins, we find that only two varieties have been unveiled so far. The first is the gold and silver commemorative coins of China's polar scientific expedition, which has won the attention of the market with its unique theme and exquisite design. The other is the high-profile Chinese banknote millennium gold and silver commemorative coin, which is based on the theme of the millennium banknote, showing the profound heritage of Chinese culture. However, unfortunately, judging from the market performance, these two commemorative coins do not seem to have won the favor of the majority of collectors. The gold and silver commemorative coins of China's polar scientific expedition have long been broken, and the large set of gold and silver commemorative coins of Chinese banknotes and gold and silver sets have also shown a trend of breaking.
Looking ahead, it remains to be seen whether the gold and silver commemorative coin market will usher in a turnaround. But what is worth looking forward to is that there are two more highly anticipated varieties in the 2024 issuance plan, namely the 2024 auspicious cultural gold and silver commemorative coins and the gold and silver commemorative coins of the Buddha Palace Temple in Yingxian County. Among them, the two varieties of heart-shaped and ruyi-shaped auspicious cultural gold and silver commemorative coins in 2024 may become the new favorites of the market. They have a unique design and a profound meaning, and are expected to lead a new trend in the market. However, judging from the performance of auspicious cultural gold and silver commemorative coins in 2023, only 30 grams of ruyi-shaped silver coins dominate the market, and other varieties are mired in breakage. This reminds us that we still need to be rational and prudent when investing in collections.
The 2024 Auspicious Culture Gold and Silver Commemorative Coins will be released on May 20, and we will have a glimpse of them at that time. It is expected that this commemorative coin can make a breakthrough in design and bring a new vitality to the market. At the same time, we should also pay attention to the overall trend and reaction of the market in order to make informed investment decisions. As for whether to participate in the lottery, it is still necessary to make trade-offs and choices based on the overall design and market response. In this process, we should not only pay attention to the collection value of commemorative coins, but also pay attention to the changes and trends of the market, so as to adjust our collection strategy in time.