Olympic gold and silver coins fell to "issue price"

The London Olympic Games is approaching, but it has failed to boost the appreciation of Olympic theme collections. On the contrary, it is still sluggish. Yesterday (July 12th), the reporter visited the collection market and found that the price of some gold and silver coins in the 2008 Beijing Olympic Games has already shrunk by 40% when compared with the highest price. According to industry sources, the price has actually dropped to the "issued price".

It is understood that at present, the prices of the three groups of gold and silver coins of the Beijing Olympics are at the lowest point since listing. According to the introduction of distributors of the commemorative coins selling on the Avenue Station in urban areas, the three groups of gold and silver coins are all losing about 40% compared with the peaks. The largest decline was for the first set of commemorative coins. At the time of the initial issue, they each sold for 13,800 yuan. At the time of the 2008 Olympic Games, they once sold more than 25,000 yuan. They are almost doubling. I did not expect the price to go down after the Olympic Games. Now it has returned to the issue price. ""

"Not only did the first group lose the price, but the second and the third groups did not boom, and fell to 10,000-1,500 yuan per set." An owner of the city's Cultural Palace operating a collection of gold and silver coins and stamps said that most of the Olympic collections Indeed, it has entered a period of “weakness”. “However, after the start of the London Olympics, it will be difficult to say whether these gold and silver coins will rise.” The owner believes that although the collection market is also buying and not buying, it is now down to Near the issue price, it is considered a good time to start. “Have you ever seen banknotes sell for paper? Now it's almost like that. There are so many physical gold coins there.

From this point of view, Mr Li, the citizen, does not agree: “In the next half-month, the Olympic Games will be held. It should have risen as soon as it rises. What's more, even if it is to be bought this year, it is first to consider the London Olympics gold coins, so it is estimated that the Beijing Olympics 'It will only continue to slump."

So, does it really mean that the paper money is sold as paper money? The reporter made a calculation: Yesterday, the ** gold price was around 326 yuan per gram, according to the Beijing Olympics gold and silver coins 3 groups a total of 60 grams of gold content, the physical gold price is less than 20,000 yuan, and even if the value is shrinking, buy three sets of Qi Beijing Olympic gold and silver coin products need at least 34,000 yuan.

According to industry sources, the Olympic collections are often subject to mad speculation by institutional investors when they are just issued, resulting in a serious premium, and today’s performance is back to rationality. In addition, not all Olympic-related souvenirs have a large appreciation space, but also depends on the amount of circulation. This reason was also supported by Mr. Bai, who is also engaged in the operation of commemorative coins: “When the Olympic gold coins first came up, the large circulation of hundreds of thousands of gold and silver coins made me not optimistic, but I did not expect the price to fall so badly.” People suggest that people who want to collect London Olympic collections can wait for the Olympics to end and then go to the secondary market with dips in Taobao.