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10 Yuan
| Issuer | People's Bank of China |
|---|---|
| Year | 1948 |
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| Composition | Log in to see details |
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| Shape | Rectangular |
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| Obverse description | Two circular vignettes dominate the face: at left, a farmer ploughing a field with an ox, and at right, a coal mine with industrial headframe and railway wagons, both set against a light green underprint. The issuer's name in Chinese characters runs across the top, with the denomination 拾圓 (Ten Yuan) in large characters at centre, and the date inscription 中華民國三十七年 (Year 37 of the Republic of China) along the lower margin. A decorative guilloche border in dark blue frames the entire note, with the denomination 拾 repeated in the upper corners. |
|---|---|
| Obverse lettering | 行銀民人國中 拾 圓 年七十三國民華中 (Translation: People's Bank of China Ten Yuan Year 37 of the Chinese Republic) |
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| Comments |
P#803 is among the first notes issued by the People's Bank of China, which was established on 1 December 1948 — just weeks before this series entered circulation. The bank was founded in Shijiazhuang, Hebei, through the merger of three Communist-controlled regional banks: the Huabei Bank, the Beihai Bank, and the Xibei Nongmin Bank. This first series of renminbi was not issued from a unified, stable state but from a government still fighting a civil war.
Printing quality across the first series varies considerably — multiple regional facilities were involved, and paper and ink consistency were not guaranteed under wartime conditions.