Too crazy! A 10 yuan silver commemorative coin has been speculated to over 80,000 yuan, and the China Gold Coin Group has issued an important reminder

On January 29, China Gold Coin Group Co., Ltd. issued a notice stating that the prices of precious metal raw materials have continued to rise sharply recently, reminding precious metal commemorative coin collectors to participate in investments rationally and to pay attention to risk management.

China Gold Coin Group is the only industry company in China approved by the State Council to operate precious metal commemorative coins. It was established and began operations in August 1987, fulfilling specific functions such as project establishment, design, production, sale, promotion, and customer service for precious metal commemorative coins. It is an important component of the currency issuance system and an extension of the central bank's currency issuance functions.

Chinese Dragon Silver Commemorative Coin is being speculated

On January 29, the topic "10 Yuan Chinese Dragon Silver Commemorative Coin has been speculated to over 10,000" surged to the top of Baidu's hot search. Media reports indicate that recently on the second-hand trading platform Jinbi Yunjic App, the 10 Yuan denomination 2025 version of the Chinese Dragon Silver Commemorative Coin has a significant premium, with some merchants pricing it at 12,600 Yuan.

A query by Fund Jun found that as of now, the lowest price for the 2025 version of the Chinese Dragon Silver Commemorative Coin on this platform is 170 Yuan, while the highest price quoted by one merchant for 2 coins is 166,520 Yuan, with a premium multiple as high as 8,326 times.

According to information, the 2025 version of the Chinese Dragon Silver Commemorative Coin will be issued by the People's Bank of China on March 18, 2025. The main design on the front features the Great Wall pattern, along with the country name and year; the back design showcases the image of the Chinese dragon, complemented by a combination of cloud patterns. The actual weight of a single coin is not less than 31.104 grams, with a silver content of not less than 99.9%, minted by Shenzhen Guobao Mint Co., Ltd., and distributed by China Gold Coin Group Co., Ltd., with a total issuance of 2 million coins.

Since January, international gold and silver prices have continued to soar, breaking through multiple thresholds and reaching historical highs. As of the time of writing, the spot and futures prices for gold have exceeded 5,500 USD/ounce, while the spot and futures prices for silver have also surpassed 117 USD/ounce.

Risk Warning and Disclaimer

The market has risks, and investment requires caution. This article does not constitute personal investment advice and does not take into account the specific investment goals, financial situation, or needs of individual users. Users should consider whether any opinions, views, or conclusions in this article align with their specific circumstances. Investment based on this is at one's own risk.