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1 Yuan

Issuer People's Bank of China
Year 1948
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Reference(s) P#800
Obverse description A central vignette at left depicts two farm workers striding forward against an industrial background, rendered in blue-grey intaglio. The bank title 中國人民銀行 is inscribed at top centre in Chinese characters, flanked by decorative rosettes bearing 壹 numerals at each corner. The denomination 壹圓 appears in a large ornate guilloche panel to the right, with the inscription 中華民國三十七年 along the lower border.
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Reverse description The reverse is printed in red-brown and composed entirely of elaborate guilloche scrollwork and interlocking floral ornaments. A central circle encloses the Chinese character 壹, framed by symmetrical pillar motifs and foliate arabesques. The bank title 中國人民銀行 appears at top, with the year 1948 inscribed at the bottom centre, and numeral 1 repeated in the four corner panels.
Reverse lettering 中國人民銀行 壹 1948
(Translation: People's Bank of China One 1948)
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