In addition to their collection value, what other functions do commemorative coins have?

The main values ??of commemorative coins are: legal currency value, collection value, and investment value.

The Central Bank of my country issues commemorative coins almost every year, because the circulation of commemorative coins is not large and they have certain special commemorative significance. Let me talk about the several values ??of commemorative coins in detail.

1. Commemorative coins have the nature of legal tender. Commemorative coins are actually issued by the central bank and have the nature of legal tender, and ordinary commemorative coins can be circulated at the same value as the current RMB of the same denomination.

2. Commemorative coins have collection value. Although ordinary commemorative coins can have the same circulation effect as RMB of the same amount, our country's commemorative coins are issued in limited quantities, and usually few people will use the exchanged commemorative coins for consumption. Because our country’s commemorative coins all have specific themes, such as commemorative coins issued to commemorate our country’s major political history, traditional culture and other things of special significance, many people will make an appointment to exchange them for commemorative coins when the central bank issues commemorative coins. in collection.

3. Commemorative coins have investment value. Commemorative coins are souvenirs, and generally have a small circulation. You need to make an appointment at a bank to exchange them. Although the central bank now issues commemorative coins every year, so that commemorative coins do not appear to be scarce, the price of the exchanged commemorative coins after they flow into the market will generally increase. It is higher than the actual face value of the commemorative coin, so the commemorative coin has a certain investment value. However, if you really want to invest in commemorative coins, it is recommended to invest in commemorative coins with a relatively small circulation. Generally, only such scarce commemorative coins have greater room for appreciation.

At the same time, commemorative coins also have many special commemorative meanings and are worthy of our collection.

The function of commemorative coins is to commemorate a major festival or political, historical, cultural, outstanding figures, scenic spots, rare animals and plants, etc., as a circulating legal currency. The collection is only a side function.

All currencies issued by the People's Bank of China can be used for circulation, so precious metal commemorative coins can theoretically participate in circulation and have the function of a means of circulation. Chinese commemorative coins have a specific theme. They are designed and manufactured by the state authorizing the People's Bank of China to designate the national mint, and are legal tender issued by the National Bank under a unified plan.

Commemorative coins are usually issued to commemorate major political and historical events, traditional culture and other things of special significance in our country. Ordinary commemorative coins have the same value as RMB of the same denomination circulating in the market and can be circulated in the market at the same time.

I personally feel that the current situation of commemorative coins is not very optimistic. Nowadays, when it comes to collecting commemorative coins, everyone basically gets angry. The reason is that the overall ups and downs of the commemorative coin market have made many people panic.

At the same time, the current circulation of commemorative coins is too large, which not only fails to achieve the purpose of collection, but also causes an overall blow to the market of commemorative coins.

Everyone must be cautious when collecting commemorative coins. They are slightly different from others. Currently, supply exceeds demand. As for some special commemorative coins, such as first-run coins and special themes, at least everyone will not lose money. Finally, I would like to say one more thing. If you don’t have the vision and information, it’s best not to invest on a large scale, but to do something sure.