After the second exchange of ordinary commemorative coins and commemorative banknotes for the Year of the Dragon in 2024, the overall market still showed a general decline. In recent days, some collectors believe that the Year of the Dragon banknotes will fall to around 40. However, judging from the current market situation, there is still a long way to go to 40.
At present, the overall market of the Year of the Dragon commemorative banknote variety can be maintained at about 52, and the Year of the Dragon commemorative banknote standard ten can basically be maintained at about 55~60, compared with the market situation before the second exchange of the Dragon commemorative banknote, the overall market adjustment is also very obvious. In fact, there are many reasons for the current market situation.
Recently, the performance of ordinary commemorative coins and commemorative banknotes for the Year of the Dragon in 2024 on major live broadcast platforms is not very good, basically there is a premium, and it is difficult to have a volume, but some live broadcast platforms that exchange commemorative banknotes for the Year of the Dragon at equal face values will have some popularity. Because recently, I have also seen that some collectors can still exchange the face value for the Year of the Dragon commemorative banknotes on the live broadcast platform, but the viewing time will be longer, because the number of goods released will be relatively small, and basically they have to be killed in seconds to have a chance to exchange for the Year of the Dragon commemorative banknotes.
However, the situation in the live broadcast room only reflects part of the market situation, and in the recent period of various coin collection groups and coin professional forums, the market of commemorative banknotes in the Year of the Dragon has also gradually declined. The main reason is that the Year of the Dragon commemorative banknotes are still circulating in the circle, in this case, there is no new flow in, in fact, it is normal for the market to fall, unless there is a new flow of money, into the collection of Dragon commemorative banknotes. However, the circulation of 100 million commemorative banknotes for the Year of the Dragon has risen a lot in the current market situation, and there are a lot of commemorative banknotes for the Year of the Dragon at this stage.
In fact, in recent times, the performance of ordinary commemorative coins and commemorative banknotes in the collection market has been relatively average, including the overall market popularity is gradually decreasing, but the recent months are also the off-season for ordinary commemorative coins and commemorative banknotes. Because of the demand for various gift plates, there will be no significant increase, but there may be a significant decline, and the whole market is very cold.
The market for ordinary commemorative coins in the Year of the Dragon has basically remained around 12.5~13 in recent times, but the demand is not too large. However, the ordinary commemorative coins of the Year of the Dragon can still maintain the current market after the second exchange, and this performance is already very good. After all, after the second exchange of ordinary commemorative coins for the Year of the Tiger and ordinary commemorative coins for the Year of the Rabbit, the market performance is very stretched, and even the varieties of ordinary commemorative coins for the Year of the Rabbit are close to face value collection.