China’s newly issued Lunar New Year monkey stamps are becoming a surprise hit for disappointed investors amid unstable gloomy markets such as stocks, the exchange rate and real estate.
A merchant in Changchun, Jilin province is surprised by the price surge of the monkey stamp market, saying: "I’m quite experienced in the stamp market but cannot understand the unreasonable price of the monkey stamps."
The stamps are the first sign of the Chinese zodiac to be commemorated in the fourth series of China’s zodiac stamp collection.
這套猴郵票是我國(guó)第四輪十二生肖郵票開篇之作。
The monkey stamps contain two designs. One is a monkey holding a peach as a symbol of good luck; the other one is a female monkey carrying two babies, a hint of China’s two-child policy.
The price of stamps commemorating the 1980 Year of the Monkey has rocketed to a historical high.
1980年版紀(jì)念猴郵票的價(jià)格已經(jīng)達(dá)到歷史最高價(jià)。
As the first of its kind, the stamps are sought-after items, with a single stamp fetching 12,000 yuan ($1,820), considerably more than its original face value of 0.8 yuan. A complete set sells for 1.5 million yuan.