The invention belongs to the technical field of powder coatings, particularly relates to a low-temperature quick-curing polyester resin, and further discloses an extinction type powder coating for coiled materials, which is prepared from the low-temperature quick-curing polyester resin. The low-temperature quick-curing polyester resin is prepared by polymerizing the following raw materials: 3, 3-dimethyl glutaric acid, terephthalic acid, an acrylic polymer, diglycidyl adipate, neopentyl glycol, 1, 4-naphthalene dimethanol, 1, 10-decylenediamine and ethylenediamine-N, N '-diacetic acid. The low-temperature quick-curing polyester resin product contains active amino, amide groups with different structures and a small amount of carboxyl, the final acid value is relatively low (less than 12mgKOH/g), the total amine value is relatively high (35-45mgKOH/g), low-temperature quick curing can be conveniently realized completely, and a self-extinction effect is achieved.