The Great Wall coins issued by the People's Bank of China through the 1980s were struck in large quantities for general circulation, but 1988 marked one of the final years of this particular type before China's currency reform pressures and rampant inflation prompted a wholesale rethinking of the yuan coinage series. By the early 1990s, the copper-nickel yuan had effectively vanished from everyday commerce, replaced by a smaller, cheaper-to-produce steel-core successor introduced in 1991.
The Great Wall coins issued by the People's Bank of China through the 1980s were struck in large quantities for general circulation, but 1988 marked one of the final years of this particular type before China's currency reform pressures and rampant inflation prompted a wholesale rethinking of the yuan coinage series. By the early 1990s, the copper-nickel yuan had effectively vanished from everyday commerce, replaced by a smaller, cheaper-to-produce steel-core successor introduced in 1991.