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10 000 Yuan Replica

Issuer People's Bank of China
Year 1949
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Composition Paper
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Obverse description Central vignette of a warship, flanked on each side by the vertical Chinese denomination 壹萬圓. Two red official seals appear beneath the respective denominations, with the issuer's name and date inscribed along the upper and lower margins.
Obverse lettering 中国人民银行
壹萬圓
一九四九年
(Translation: People's Bank of China
10000 Yuan
1949)
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Comments

The People's Bank of China never actually issued a 10,000 Yuan note in 1949 under the first series of Renminbi — the highest denomination printed that year was 50,000 Yuan, but the 10,000 Yuan denomination did exist within the first series, issued between 1949 and 1951. The "Replica" designation here is the operative word: reproductions of early PRC currency were produced for educational and commemorative purposes decades later, as the originals were withdrawn and largely destroyed following the 1955 redenomination at 10,000 old Yuan to 1 new Fen.

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