马钞发售即秒空，全套被炒到至2000元，二手市场溢价最高6.5倍

Core Viewpoint - The article discusses the overwhelming demand and subsequent market speculation surrounding the issuance of the 2026 Year of the Horse commemorative coins and banknotes, highlighting the challenges faced by collectors in securing these items through official channels and the significant price premiums observed in the secondary market [1][5][8]. Group 1: Appointment Experience - On January 13, the online reservation for the Year of the Horse commemorative coins and banknotes began, but the demand was so high that most bank channels sold out almost instantly, leading to widespread user frustration due to system congestion and failed attempts to secure reservations [3][4]. - Users reported that despite the long reservation period, many were unable to complete their appointments, with some expressing their disappointment at not being able to secure any items after extensive efforts [4][5]. Group 2: Secondary Market Activity - The secondary market for the Year of the Horse commemorative items has seen significant speculation, with prices for the banknotes reaching as high as 6.5 times their face value, and the coins also showing notable premiums of 40% to 50% [2][5]. - The article notes that a set of 20 banknotes with a face value of 400 yuan was listed for prices between 1,000 yuan and 3,000 yuan, indicating a strong market interest and speculative behavior [5][8]. Group 3: Cultural Significance and Market Dynamics - The popularity of the Year of the Horse commemorative items is attributed to their unique cultural significance, as they represent the final installment of the second round of zodiac coins, along with appealing designs that resonate with collectors [8][19]. - Analysts suggest that the combination of low entry costs, perceived scarcity, and a herd mentality among collectors has driven the heightened interest and speculative activity in the market [24][22].