Queen Elizabeth II has died at Balmoral Castle in Scotland at the age of 96.
During the British rule of Hong Kong, the currency was printed with the portrait of the Queen of England.
Zhang Songsheng, head of the collectible store Hong Kong Zhenzang (Tsuen Wan), said that in addition to the well-known "Queen's Head" coins, there are actually Hong Kong banknotes with the Queen's portrait printed on them, which are one-dollar notes issued between 1952 and 1959.
Will the value of old coins bearing the Queen's portrait increase in value after the Queen's death?
Zhang Songsheng pointed out that the number of people calling for inquiries today (9th) is indeed 10 times higher than usual. I believe that the one-dollar banknote with the portrait of the Queen of England has the most potential for appreciation. .
As for the "Queen's Head" 5-cent coin issued in 1964, if it is of the highest quality, that is, it is still shiny and completely unused, its current value is 5 digits, and it is expected to double.
Zhang continued, but the value of the "Queen's Head" coins still in circulation will not have a big impact: "I believe that every housing company will have them."
Zhang Songsheng believes that Hong Kong has experienced years of British rule and has deep feelings for the Queen, especially older citizens.
Therefore, after the death of the Queen of England, its store received inquiries about the Queen's collection this morning, which has surged 10 times in a single day.
He also pointed out that among the many collectibles, the one-dollar banknote with the Queen's portrait has the highest potential for appreciation because of its small circulation: "The banknotes were issued from 1952 to 1959, and there is only one type of banknote." He believes that this one-dollar note The price of banknotes can be doubled from the current 500 yuan to 1,000 yuan.
As for coins, Zhang pointed out that since almost all coins of value have the "Queen's Head" printed on them, it is believed that only brand new and unused coins have the potential to appreciate in value, which is expected to increase by 30% in the short term.
As for the coins held by the general public that are already in circulation in the market, he expects: "There are only a few remaining housing enterprises, and the increase will be relatively small."
Zhang Songsheng, director of the Collection Hong Kong True Collection (Tsuen Wan).
(File photo/Photo by Zheng Zifeng)
The "Queen's Head" coin has to be new and unused to have the potential to appreciate
As for the most valuable "Queen's Head" coin, Zhang Songsheng pointed to the 5-cent coin issued in 1964. He explained that due to the small circulation and rumors that the impression was damaged at that time, the coin was extremely rare.
And the highest quality 1964 5 sen that is still shiny and completely unused can be worth five figures.
He estimated that after the Queen's death, the value may have doubled.
In addition to currency, stamps also have collectible value, but Zhang Songsheng pointed out that due to the large circulation: "I don't really see the appreciation of stamps." He also pointed out that the current value of stamps issued around 1997 is less than the denomination of the stamps. I believe that even if After the death of the Queen of England, the value of the relevant stamps could not be raised to the face value: "It can be used to commemorate it, but speculation and investment are not recommended."
▼On September 9, citizens went to the British Consulate General in Hong Kong to mourn the Queen▼
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Since 2013, the HKMA has recovered 880 million coins
According to the website of the HKMA, in 1993, the HKMA launched the Bauhinia Bauhinia design coin to replace the original Queen's head design series.
Since 1993, the "Queen's Head" coins have not been returned to the market after returning to stock. By the end of 2013, the HKMA had recovered a total of 880 million coins.
In addition, the $10 coin has never been issued with the Queen's head, while the Queen's head coins of $2, $1 and 1 dime were last issued in 1992.
▼ Queen Elizabeth II (Queen Elizabeth II) passed away▼
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