“马钞”发售即秒光！二手交易别冲动！

Core Insights - The issuance of the "Horse Year" commemorative coins and notes has generated significant public interest, with long queues observed at banks on the first exchange day [1][5][15] - The "Horse Note" refers to the 20 yuan commemorative note, made of plastic, with a total issuance of 100 million pieces [10][12] - The "Horse Coin" is a 10 yuan commemorative coin made of bimetallic copper alloy, also with a total issuance of 100 million pieces [3][12] Group 1: Issuance and Demand - The issuance of the 2026 New Year commemorative coins and notes began on January 13, with a total of 100 million pieces (coins and notes) available nationwide, distributed through a regional quota system [5][15] - Despite the large issuance volume, online reservations were extremely competitive, leading to reports of system overloads and rapid sellouts [5][15] - Analysts suggest that the intrinsic value and cultural significance of the commemorative items, along with auspicious meanings, have driven high demand [5][16] Group 2: Secondary Market Dynamics - The secondary market for the commemorative items has seen significant price inflation, with the complete set of commemorative notes being quoted between 800 to 1000 yuan, representing a 100% to 150% premium over the original price [6][17] - Special serial numbers in the secondary market have been reported to sell for multiples of their face value, indicating speculative trading behavior [6][17] - Concerns have been raised about the sustainability of high premiums in the secondary market, as the large issuance may lead to price corrections once the items are widely available [18] Group 3: Trading Practices and Risks - Secondary trading platforms have emerged, utilizing pre-sale strategies through images and videos, despite the lack of physical items at the time of reservation [18] - The absence of physical verification channels in the secondary market poses risks for buyers, including potential fraud and misrepresentation [18] - Experts advise collectors to differentiate between genuine collection and speculative investment, emphasizing the importance of using reputable platforms for transactions [18]