Nowadays, whenever Olympic souvenirs are distributed, it's not surprising that people queue up at night, but have you ever heard of people queuing up with spring beds and rattan chairs one day in advance? On July 9, when the local bank exchanged Olympic commemorative banknotes, it was so hot! Not only that, on the same day, the purchase price of Olympic commemorative banknotes rose by 500, 600 and 800 ... in the local collectible market. With a circulation of 6 million, I believe most people will return empty-handed, and the conjoined Olympic commemorative banknotes that may be issued at the end of this month will be targeted immediately. As the stock market continues to be depressed, people have been depressed for a long time, so that a Guangzhou citizen excitedly shouted "new shares!" " New stock! "In Shanghai, the financial center city of China, a citizen who didn't change the Olympic commemorative banknotes squatted on the ground and cried sadly. What is the risk of buying high-priced Olympic commemorative banknotes in the collection market now? Is the value of conjoined commemorative banknotes worth gambling? Will it be a world of ice and fire after the Olympic Games? People have their own speculations. Special commemorative banknotes soared to 1000 yuan on July 9. At 3 pm on the day of the issuance of Olympic commemorative banknotes, the collector Zhou Fengchi witnessed such a scene in the Madian postal card market in Beijing: 10 consecutive Olympic commemorative banknotes were bought by a buyer for 10000 yuan, and the issue price of 10 yuan rose to/kloc. It is understood that in the Madian postal currency card market, the transaction price of a single Olympic commemorative banknote first rose in 600 yuan, 800 yuan and 900 yuan, and then began to fall, with most transactions ranging from 500 to 700 yuan. On a philatelic website frequented by collectors, someone even posted that 400 yuan can receive more than 500 stamps, and as long as there is one, he can get some money immediately. Why did the Olympic commemorative banknotes skyrocket just after they were issued? Zhou Fengchi believes that in addition to the special significance of the Olympic Games, it also has a lot to do with the overwhelming media publicity before the release. This led to a nationwide propaganda war, similar to the situation of 1997 when Hong Kong returned to the motherland, but at that time, the circulation of gold foil sheetlets of Hong Kong returned to the motherland was relatively large, with 20 million sheets, which were basically queued for purchase. In addition, there is an important factor affecting the price of Olympic commemorative banknotes, that is, its face value and issue price are very low, only 10 yuan, which is very easy to be accepted by the masses and citizens. On the other hand, if the face value of the issue is 50 yuan, 100 yuan, there may not be so many people queuing to buy it. Proper control of the circulation of Olympic commemorative banknotes is also one of the reasons for its rapid appreciation. Olympic commemorative banknotes are the third set of commemorative banknotes issued by the People's Bank of China. The first set is 1999, the 50th anniversary of the founding of People's Republic of China (PRC). The People's Bank of China issued a commemorative banknote for the 50th anniversary of Zhang Jianguo. But its circulation is too large, 60 million copies, and its face value is very high. It's 50 yuan. After listing, the appreciation rate is relatively small, the highest is not higher than that of 85 yuan. Later, it kept falling, with a minimum of 5 1 yuan, which made Zhou Fengchi very disappointed and used it to pay water and electricity bills in the bank. In 2000, the People's Bank of China again issued commemorative banknotes to welcome the new century. Because it is designed as a dragon totem, collectors generally call it a "single dragon banknote". Although its circulation is less than that of the 50th anniversary of the founding of the People's Republic of China, it is 100 million, but its face value is 100 yuan, which is very difficult to operate in space. Later, although there was market speculation, the appreciation rate was not large. It can be seen that compared with three sets of commemorative banknotes, the Olympic commemorative banknotes have the smallest circulation of 6 million and the lowest face value of 10 yuan. Coupled with the significance of the Olympic theme and the enhancement of people's purchasing power, it is reasonable for prices to soar in a short time. The gift value of conjoined banknotes is greater than the collection value. It is reported that the People's Bank of China will also issue a pair of conjoined Olympic commemorative banknotes with the same name, with a face value of 20 yuan, with a circulation of 50,000, which is expected to be listed around the end of the month. The issue price of the conjoined Olympic commemorative banknotes is 300 yuan, but at present, the futures price has reached 1000 yuan in 800 yuan. One-piece Olympic commemorative banknotes are not exchanged at bank outlets, but bound by Beijing Kangyinge Company under the central bank, and then sent to agents all over the country and put on the market. There is a certain lag in listing time. Which is more collectible, a single Olympic commemorative banknote or a double Olympic commemorative banknote? Zhou Fengchi believes that what price can be bought is the most critical. If you can buy commemorative banknotes with major themes at the issue price or face value, the collection significance is the greatest, but the number of issues is too small to sell. The collection significance of double Olympic commemorative banknotes is not as good as that of single sheets, but the gift consumption is more significant. In the collection market, the third and fourth sets of RMB binding books and large sets sell well, and the profits are far greater than stamps. 1999 and 2000, commemorative banknotes issued by the People's Bank of China for the 50th anniversary of the founding of the People's Republic of China and commemorative banknotes for the new century (commonly known as "Shuanglong banknotes") were not exchanged in banks, but were bound and sold by Beijing Kangyinge Company under the central bank, and the prices were much higher than the face value. The face value of three consecutive banknotes on the 50th anniversary of the founding of the People's Republic of China is 150 yuan, and the circulation is only 50,000 sets. It reached 4,500 yuan in August last year, and now it has declined. The market price is around 3,500 yuan, which is still the highest price among the commemorative banknotes issued by the central bank over the years. " Ssangyong Banknote was issued in 200 yuan with a face value of 654.38+10,000 sets. When it was listed, it was also hyped up, reaching a maximum of about 654.38+0.200 yuan, but it has been falling since then, and the lowest reached 300 yuan due to the sluggish postal market. However, collectors believe that the circulation of "Shuanglong banknote" is relatively large, but the theme of welcoming the new century is stable and the picture is very beautiful. It is made of plastic, with the "Shenglong" in the Nine Dragons Wall in Beijing as the background, the transparent window on the left side of the ticket is the "Temple of Heaven" pattern, and the main scene on the back is the representative building to welcome the new century-China Millennium Monument. The reason why the price didn't go up, in addition to the high face value, is that everyone's understanding of commemorative banknotes was still in the enlightenment stage in the 1990 s. At that time, everyone's awareness of investment and financial management was far less than it is now. No matter how small the number of commemorative banknotes is, if no one buys and operates them, its price will be difficult to go up. Whether it is a single Olympic commemorative banknote or a conjoined Olympic commemorative banknote, if it can be purchased at the face value issued by the state, its collection significance is far greater than the investment value. Among the buyers waiting in line at the bank, the people who keep the collection should account for the vast majority, and they don't care much about the appreciation of investment. 10 yuan price, which means little. If you buy it for several hundred yuan, you won't do it when you rise to 800 yuan, and you will definitely feel insecure when you fall to 500 yuan. Therefore, the purchase price determines whether you want to collect or invest. The influence of Olympic cards is not as good as commemorative banknotes. With the popularity of Olympic commemorative banknotes, Kangyinge will launch a set of ordinary and refined Olympic commemorative cards with a circulation of 654.38+0.2 million and 80,000 respectively, and the prices are 654.38+0.80 yuan and 250 yuan respectively. However, professionals remind people that although Olympic commemorative card coins and Olympic commemorative banknotes are both representative Olympic collectibles, their collection values are different, so it is necessary to know clearly before buying. It is understood that according to past experience, generally speaking, card currency refers to commemorative coins in circulation. The difference between ordinary card currency and refined card currency lies in the different exquisite degree of binding. The commemorative coins inside are the same, but the packaging is different and the price is different. Olympic commemorative card coins are bound by Olympic circulating commemorative coins. Beijing Olympic Games issued three sets of circulating commemorative coins, a total of eight. The common feature of Olympic commemorative coins and commemorative banknotes is that they are very low in price and easy to be accepted by the public. Stimulated by the issuing effect of Olympic commemorative banknotes, the whole set of Olympic banknotes has also greatly appreciated. A set of 96 yuan before the announcement of the issuance of Olympic banknotes has now risen to 160 yuan, and the transaction is also very good. However, the commemorative gold and silver coins for the Olympic Games did not rise but fell, and three sets of precious metal commemorative coins for the Olympic Games were also issued. The market price has not changed much, and it is still hovering at a low level. Olympic commemorative banknotes do not stimulate it much, because its own price is very high, from more than 20,000 yuan to 14500 yuan. Even if it drops by one or two hundred yuan, everyone feels normal. Major themes or commemorative coins issued by the central bank are often bound by Kangyinge Company, and the price often rises several times. This phenomenon also exists in the postal market. According to Zhou Fengchi, Hong Kong returned to 50 yuan with the face value of a gold foil sheetlet, but the price of a packaging box was more than 100. Later, the price has been falling, and it has not recovered until now, which has become a major turning point for the postal market to turn from prosperity to decline, making some stamp collectors want to cry. In fact, domestic commemorative banknotes are issued in a commercial operation mode. As an attempt, 1999 issued a large number of commemorative banknotes for the 50th anniversary of the founding of the People's Republic of China, which failed from the perspective of appreciation. With this experience, the circulation of commemorative banknotes in the second year dropped to100000, and the circulation of Olympic commemorative banknotes this time dropped to 6 million. With the approval of the Macao SAR Government, Bank of China (4. 18, -0.05,-1. 18%, right) Macau Branch decided to issue 4 million commemorative banknotes with a face value of MOP 20 yuan. The industry believes that due to the commemorative value of banknotes, in addition to entering the circulation field, a considerable part will be privately collected. At present, the Olympic commemorative banknotes issued by Macau Branch are still rare in Beijing's collection market. It is understood that the Hong Kong Special Administrative Region will also issue Olympic commemorative banknotes, the quantity of which will not be too large, which is highly anticipated by domestic collectors.