The invention relates to combination type total matte luster shift aluminum-plated paper paint and a preparation method thereof. The combination type total matte luster shift aluminum-plated paper paint consists of double coating type total matte luster shift aluminum-plated paper paint and separating paint used together with the aluminum-plated paper paint, the double coating type total matte luster shift aluminum-plated paper paint adopts the following components and contents (weight percentage) as raw materials: 6 to 8 percent of solid thermoplastic acrylic resin, 4 to 5 percent of thermoplastic polyurethane resin, 4 to 5 percent of chlorovinyl ether, 0 to 2 percent of nitrocotton, 0.5 to 1 percent of dye, 0.05 to 0.1 percent of auxiliary agent and 80 to 82 percent of solvent. Compared with the prior art, the invention has the following advantages: the batching procedure is simple, the delustering degree is high, the total matte effect of aluminum foil can be reached, and the difficulty that the shift aluminum-plated paper can not be made like matte aluminium-foil paper is solved; the difficulty of the fold foil break of the aluminium-foil card paper is overcome, the cost is lowered; the made products have better printing adaptability and good binding property with paper, aluminum plating luster is soft and simple but elegant, the aluminum plating fastness is good, and the application range is wide.