Over the past two days, the Snake Year commemorative coins and notes have experienced a continuous sharp decline.
Now, the market prices of both have hit new lows, experiencing another crash.
So, who are the ones who are suffering the most?
Snake coins hit new lows
After the Spring Festival, the quoted price of Snake Year coins was above 14 yuan. Just a few days later, on the morning of February 13th, the price of Snake Year coins had dropped to around 13.2 yuan.
Unexpectedly, in the afternoon of the same day, some coin dealers even quoted a price of 12.9 yuan, officially falling below 13 yuan and setting a new low.
Today, the Snake Year coins have shown a slight rebound, but the market price is only around 13 to 13.1 yuan.
At the same time, many coin dealers remain bearish on this zodiac coin.
Many newly quoted buyback prices are only 12.5 yuan.
Moreover, more people have chosen to sell a large number of Snake Year coins in the past two days, which is the direct cause of the recent sharp decline.

Snake notes are still declining
While Snake Year coins are declining, Snake Year notes are also constantly hitting new lows.
The previous day, the quoted price of Snake Year notes with the number “4” had already fallen below 30 yuan, reaching around 28 yuan.