Can Olympic commemorative banknotes be used as money?

Of course. According to the regulations, ordinary commemorative coins are legal tender issued by the central bank and can be circulated at the denomination value of RMB. Therefore, the commemorative banknotes for the Winter Olympics are ordinary commemorative coins and can be used as money. Similarly, the commemorative coins of the Winter Olympics are ordinary commemorative coins, which can also be circulated with RMB of the same denomination and exchanged with other circulating RMB.

Of course, commemorative coins are mainly used for collection. Although it can be circulated, many merchants will not accept commemorative coins in our daily use. We can change them into ordinary RMB at bank outlets and use them again.

Characteristic classification of commemorative coins

Monetary nature

Commemorative coins are legal tender and are divided into precious metal commemorative coins and ordinary commemorative coins.

Precious metal commemorative coin

Precious metal commemorative coins include commemorative coins made of precious metals such as gold coins, silver coins, platinum coins, palladium coins or their alloys. They have a wide range of themes, exquisite craftsmanship and strong appreciation, and are mostly issued by groups. Coins also include round coins, square coins, colored coins and sector coins, with denominations of 50 cents, 5 yuan, 10 yuan, 50 yuan, 100 yuan, 200 yuan, 300 yuan, 500 yuan, 800 yuan, 1500 yuan, 2000 yuan, 10000 yuan and respectively. Therefore, the denomination is only a symbolic currency symbol, which does not indicate its true value, so it cannot be circulated and its denomination is not recorded in the market cash flow.

Ordinary commemorative coin

Ordinary commemorative coins include ordinary metal commemorative coins and commemorative banknotes.

Ordinary metal commemorative coins are divided into ordinary coins and refined coins. Ordinary commemorative coins are mainly designed and cast with the theme of major events, festivals, anniversaries and rare animals at home and abroad. It is a legal tender issued by the state that can be circulated but has commemorative significance. After issuance, it can be circulated with the same value as the circulating RMB, and its denomination is recorded in the cash circulation of the market and becomes a part of the money supply. Its denominations are: 1 jiao, 1 yuan, 5 yuan, 10 yuan. Ordinary commemorative coins have the same function as the RMB currently in circulation, which is equivalent to the RMB with the same denomination.

However, the commemorative coins in circulation are not only pure currency, but also currency specially issued to commemorate an important theme. Therefore, it must be memorable. This commemorative significance should be fully expressed through the implication of patterns and the expression of words. For example, the series of commemorative coins of great men, with the well-known portrait of great men as the main pattern, have prominent and concise themes. People's Republic of China (PRC)'s 35th Anniversary Commemorative Coin 1 3 sets in total. The front pattern consists of the national emblem, square and fireworks, and the festive atmosphere of the National Day is clear at a glance.

In the choice of theme, circulating commemorative coins highlight key points and form their own series. As far as the subject matter is concerned, it highlights major historical events, outstanding figures and particularly important practical things. These commemorative coins also constitute a series, such as great man series, National Day series, sports series, autonomous region establishment series, special administrative region establishment series, rare animals series and so on. , from one side reflects China's politics, economy, culture, sports, science and technology and other aspects.

As a special commodity among universal equivalents, commemorative coins also have high collection, preservation and investment value.

Monetary material

Ordinary commemorative coins are made of gold, silver, platinum, palladium, bicolor copper alloy, copper-zinc alloy, copper-nickel alloy, nickel-plated steel core, brass alloy, gold-silver inlay and purple copper alloy, while commemorative banknotes are made of paper and plastic.

Currency theme

It can be roughly divided into 15 series with more than 240 sets.

Currency age

Starting from 1979, one set can be divided into one set a year.

Currency shape

It can be divided into circle, rectangle, plum blossom, fan, polygon and so on.