The Queen of England passed away. During the British rule of Hong Kong, the Queen’s portrait was printed on its currency. Now the collection value of coins and banknotes with the “Queen’s Head” printed on the market has soared.
Hong Kong 01 reported that Zhang Songsheng, the person in charge of the collection store Hong Kong Zhenzang (Tsuen Wan), said that the 1-yuan banknote with the portrait of the Queen of England is estimated to have a current market value of 500 yuan (Hong Kong dollars, the same below), and it has risen sharply to 1,000 yuan; however, the collection The highest value, many experts refer to it as 5 cents in 1964. Because it is very rare, the market price starts at 20,000 yuan.
Zhang Songsheng believes that Hong Kong has deep feelings for the Queen of England, especially older citizens. Therefore, after the death of the Queen of England, his shop 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 collections, the one-dollar note with the portrait of the Queen of England has the highest appreciation potential because of its small circulation: “The banknotes were issued from 1952 to 1959.”
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 the value may have doubled after the death of the Queen of England.
Since the Queen’s accession to the throne in February 1952, the coins minted in Hong Kong have been changed to the Queen’s head design. Until the handover of Hong Kong, the Monetary Authority launched the Bauhinia design coins in 1993, replacing the original Queen’s head design series. The Queen’s Head coin remains legal tender in Hong Kong. Chen Ronghui, head of Jinhui Coins and Stamps Company, said that yesterday, about 20 guests inquired about the Queen’s coins and collectibles, and many of them had made up their minds to buy them.
In addition to currency, stamps also have collectible value. Some stamp collectors said that the rare Queen’s head stamps can exceed 10,000 yuan. One of the 10-yuan stamps has an estimated value of 17,000 yuan.
Collectors said that the stamps of the Queen’s head range from ordinary to expensive, some are worth as little as 10 yuan, and some are more rare and can exceed 10,000 yuan.
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