Core Viewpoint - The demand for the 2026 Year of the Horse commemorative coins and notes has surged, leading to significant interest in both collection and speculative trading, which may create price volatility in the secondary market [1][2][3] Group 1: Market Dynamics - The People's Bank of China announced a total issuance of 100 million commemorative coins and 100 million notes for the Year of the Horse, with a regional quota system in place [2] - Major cities like Beijing and Shanghai received allocations of 6.3 million coins and notes each, while Zhejiang received 4.76 million [2] - The initial exchange period from January 20 to 26 saw long queues at various bank branches, indicating high public interest [2] Group 2: Pricing and Trading - The face value of the commemorative coin is 10 yuan, and the set of 20 coins totals 200 yuan, while the commemorative note has a face value of 20 yuan, totaling 400 yuan for a set of 20 [3] - On secondary trading platforms, the price for a set of 20 notes has reached between 600 yuan and 800 yuan, with premium prices for special numbers [3][4] - Current buyback prices for the commemorative notes range from 27 to 40 yuan each, while the coins are around 15 yuan [3][4] Group 3: Investment Considerations - The premium for the commemorative notes exceeds 80% over face value, while the coins have a premium of about 30% [4] - Market experts caution that the high prices may not be sustainable due to the large issuance volume and potential speculative trading [5] - Historical trends indicate that new releases often experience initial price spikes followed by declines, suggesting a need for cautious investment [4][5]
线上“秒光”线下兑换火爆 马年纪念钞 二手价飙升超80%
Xin Lang Cai Jing·2026-01-25 17:15