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1 Yuan Replica
| Issuer | People's Bank of China |
|---|---|
| Year | 1948 |
| Type | Replica banknote |
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| Currency | Log in to see details |
| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | 中國人民銀行 壹圓 中華民國三十七年 (Translation: People's Bank of China / One Yuan / Republic of China Year 37) |
| Reverse description | Log in to see details |
| Reverse lettering | 中国人民银行 壹 (Translation: People's Bank of China One) |
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| Comments |
P#800 is the first note issued by the People's Bank of China, dated 12 December 1948 — the same month the bank itself was formally established by merging the Beihai Bank, the Huabei Bank, and the Northwest Farmer's Bank. That consolidation was a deliberate step by the CCP to unify competing regional currencies ahead of eventual nationwide control, still more than six months away.
The word "Replica" in the catalog designation matters: reproductions of this issue circulate widely, and authentication of genuine examples requires careful examination of paper stock and intaglio depth.