On January 8, the People's Bank of China issued an announcement that the 2013 New Year Ordinary Commemorative Coins will be issued starting today (January 9). On the afternoon of January 8, reporters learned from several large bank outlets in Shenyang that starting today, citizens can exchange 1 yuan for a commemorative coin. Senior people in the collection industry said that the commemorative coin has a certain collection value and is worth redeeming, but it should not be blindly followed the trend of speculation. According to an announcement issued by the People's Bank of China, the 2013 New Year ordinary commemorative coins have "People's Bank of China", "1 Yuan" and the Chinese pinyin letters "YIYUAN" and the year number "2013" on the front; the back shows a little boy holding a toy snake and a little girl flying a kite playing, with "Guisi" printed below it. The commemorative coin has a face value of 1 yuan, a diameter of 25 mm, and is made of brass alloy. The number of issuances is 80 million. It has the same functions as the current circulating renminbi and circulates at the same value as the renminbi of the same denomination. On the afternoon of January 8, reporters learned from several banks in Shenyang that the commemorative coins will be issued at the main outlets of each bank. Citizens can hold 1 yuan coins or banknotes and queue up at the outlets to redeem them during bank business hours on the morning of the 9th. The banks will follow the principle of "first come, first served, while stocks last" to provide exchanges to citizens. For ordinary citizens, are ordinary commemorative coins for the Year of the Snake worth exchanging? Fu Qiang, a collection expert at Shengjing Antique City, said that ordinary New Year commemorative coins have a certain history of issuance, and the exchange price is only 1 yuan, which has certain collection value and is worthy of being exchanged by citizens. However, judging from the price trend, it is difficult for the market price to rise too high. You can refer to the previous ordinary commemorative coins for the Year of the Dragon. Citizens should not blindly follow the trend and speculate.
