There is definitely room for appreciation of the commemorative banknotes of the Winter Olympics, but the extent of appreciation depends on the age and the total amount of issuance. A total of 200 million sets of commemorative banknotes for the Winter Olympics were issued, with a face value of 8 billion yuan. However, for some collectors of commemorative banknotes, after a long time, they may be in a state of no market, so there is room for appreciation, but the size of the space depends on whether people are willing to buy at a premium.

Beijing 2022 Winter Olympics commemorative banknotes are a set of commemorative banknotes issued by Bank of China (HK) Limited on 20021KLOC-0/65438 to celebrate and commemorate Beijing 2022 Winter Olympics. This commemorative banknote is in full set 1, with a denomination of 20 yuan and a circulation of 2 million. It is the legal tender of China Special Administrative Region, but it is not used as common currency.