The Siberian Tiger and Leopard National Park commemorative coin will be issued soon.
Many Tibetan friends said that they were going to give up the reservation, because the commemorative coins exchanged could not be circulated at all, and the merchants were unwilling to accept them, and they could not spend them on vegetables.
So, why can't ordinary commemorative coins be circulated? Isn't it true that merchants can't refuse to accept them?
In fact, many years ago, someone sued the court for the supermarket's refusal to accept commemorative coins. So whether the commemorative coin can be circulated at the same value, let's take a look.
He was sued in court
As early as 2018, someone sued the court because the supermarket refused to accept commemorative coins.
The reason why supermarkets refuse to accept commemorative coins is also simple, because it is impossible to identify which commemorative coins can be circulated or not.
At that time, many people also expressed their opinions, believing that not everyone can identify the authenticity of more than 100 commemorative coins, and it is reasonable for merchants to refuse to accept them. Think about it from another perspective, if the merchant gives me a commemorative coin, I am afraid that I will refuse to accept it.
Some people also suggested that the commemorative coin could be exchanged for a five-edition coin by going to the bank first, and then using it.
So, then again, can ordinary commemorative coins be circulated?
Can it be circulated
Ordinary commemorative coins belong to the national legal tender and can naturally be circulated.
But in real life, due to the fact that there are many types of commemorative coins, most people do not have the ability to distinguish authenticity, so there are many friends who will encounter the problem of not being able to spend it, and even many people do not know each other.
Mr. Li, who had sued the court, also said that it was to arouse the attention of the business premises to the circulation of commemorative coins, and agreed to mediate.
The central bank has also responded many times to the positioning of commemorative coins.
In the 2020 "Interim Provisions on the Administration of the Issuance of Ordinary Commemorative Coins", it was clearly mentioned that the commemorative coins were generally positioned as "commemorative and collectible" functions. "It can be circulated at an equivalent value, but circulation is not encouraged, and it can be traded in accordance with the law, but speculation should be avoided."
In the announcement of the second reservation in 2022, the circulation of commemorative coins was once again mentioned, "speculation, redeposit, and circulation are not encouraged".
In other words, although the central bank has made it clear that commemorative coins can be circulated, it has fully considered the problem that it is difficult for the public to identify, and has repeatedly mentioned that circulation is not encouraged.
The title of the circulating commemorative coin has gradually become an ordinary commemorative coin.
However, although it is true that ordinary commemorative coins are not easy to circulate and use, there is no problem with redepositing.
How to deposit back
Commemorative coins can be deposited back at face value in the bank.
However, there are also people who encounter the problem of being rejected for redeposit, and here Xiaotian wants to tell you that not all banks and outlets can deposit commemorative coins.
In principle, only branches that support "special cash business" can be redeposited.
So how do you find a branch that supports redeposit? There are a few easy ways to do this.
The first is to call directly beforehand.
The second is the method of summarizing Tibetan friends from all over the world. That is the exchange point, which generally supports redeposit. The four major banks generally also support depositback.
However, it takes more time to count the deposits one by one.
Some Tibetan friends also mentioned that they had used commemorative coins in large supermarkets and were not rejected. Some Tibetan friends mentioned that many old commemorative coins with a face value of 1 yuan were used directly at that time, and they were never rejected.
I wonder if you have ever used a commemorative coin?
In any case, even if ordinary commemorative coins are not encouraged to circulate, they still have a face value base and can be deposited. There will be a number of new coins issued soon, so please rest assured that you can make an appointment.