Can Olympic commemorative banknotes be circulated?

It can be circulated. Winter Olympics commemorative coins are legal tender issued by the People's Bank of China. Ordinary circulating commemorative coins have the same circulation function as RMB. The main function of circulating coins is for circulation, so the Winter Olympics You can spend commemorative coins if you know it, but in addition to spending at the face value of the commemorative coins, commemorative coins also have a function of being used for collection. Generally, commemorative coins will have a premium, which will be higher than the face value of the coins.

On November 18, 2021, the People's Bank of China issued a set of commemorative coins for the 2022 Beijing Winter Olympics. Circulation volume is 200 million units. There are two types of commemorative coins: ice and snow sports commemorative coins, and snow sports commemorative coins.

Each set of Winter Olympics coins includes an ice sports coin and a snow sports coin, with a face value of 5 yuan, a set of two. The front designs are the emblem of the 24th Winter Olympics, with patterned Beijing Winter Olympics competition venues, the Great Wall, snow mountains and other elements. The words "The People's Republic of China" are printed on the surface of the currency, and the words "The People's Republic of China" are printed on the bottom. There is the word "2022".

The Beijing 2022 Winter Olympics commemorative banknotes are a set of commemorative banknotes issued by Bank of China (Hong Kong) Limited on November 24, 2021, to celebrate and commemorate the Beijing 2022 Winter Olympics. This commemorative banknote is a complete set with a face value of NT$20 and a circulation of 2 million. It is the legal tender of the Hong Kong Special Administrative Region of China, but is not used as ordinary circulating banknotes.

The Beijing 2022 Winter Olympics commemorative banknotes feature the Beijing 2022 Winter Olympics emblem and the Bank of China Building in Hong Kong as the main scenes on the front, and are set off by ice and snow patterns that show the characteristics of the Winter Olympics; the back design features the Great Wall The main scene is with the silhouette of Victoria Harbor in Hong Kong under the bright moon as the background.

The application period for the subscription of Beijing 2022 Winter Olympics commemorative banknotes is from December 1 to 10, 2021.

(Overview picture source from Bank of China (Hong Kong) Limited, for sample commemorative banknotes

Issuance background

The 24th Winter Olympics was held in Beijing for the first time. Athletes There is another opportunity to compete and enjoy the fiercely competitive world-class competition. The slogan of the 24th Winter Olympics is "Together for a Shared Future", which hopes to express that "inspired by the Olympic spirit, The Chinese people and the people of the world are advancing hand in hand, helping each other, and creating a better future." Even though the athletes are from different countries, they are working hard towards the same goal.

To celebrate and commemorate Beijing 2022 Winter Olympics, Bank of China (Hong Kong) Limited announced on November 24, 2021, the issuance of Beijing 2022 Winter Olympics commemorative banknotes

Issuance method

Beijing 2022 Winter Olympics The circulation of Olympic commemorative banknotes is 2 million, and there are three types of bindings, including: 1.57 million sets of single banknotes; 20,000 sets of four consecutive banknotes; and 10,000 sets of thirty-five consecutive banknotes; A total of 1.6 million sets. In addition, BOC Hong Kong has also specially selected 200 sets of charity collections for sale by bidding.

The subscription period for the Beijing 2022 Winter Olympics commemorative banknotes is December 2021. 1 to 10. The subscription limit for each applicant is five single notes, a set of four consecutive notes, and a set of thirty-five consecutive notes. If the total number of subscription applications exceeds the issuance quota of the relevant commemorative banknote type, BOC Hong Kong will Allotments will be made by computer lottery. Applicants can check the application results from December 21, 2021. Successful applicants must pay the full amount to Bank of China (Hong Kong) Limited on or before 5:00 pm on January 3, 2022. Starting from January 11, 2022, applicants who successfully paid will be notified individually of the designated date, time and place to receive the commemorative banknotes according to the notification method selected by them