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100 Based on 100 Yuan New Millennium

Issuer People's Republic of China
Year 2000
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Composition Cotton paper
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Obverse description Central vignette occupies the majority of the note with a large golden imperial dragon rendered in intaglio style, taken from the Nine Dragons Wall at the Palace Museum, Beijing. The inscription 中华人民共和国 appears at the top, with the denomination 壹佰 at lower centre and numeral 100 at lower left and right. A vertical security thread runs along the left margin.
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Protection description Vertical embedded security thread visible along the left portion of the obverse
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Comments

Issued to mark the turn of the millennium, this note was produced by the People's Bank of China as a commemorative rather than a circulating denomination — it supplemented, rather than replaced, the standard fourth-series 100 Yuan notes already in pockets and tills. Commemorative Chinese currency from this period tends to be well-preserved because recipients treated it as a keepsake from the first day of issue, which means genuinely circulated examples are the exception.

The "Based on 100 Yuan" designation reflects its legal tender status at face value, redeemable but rarely redeemed.

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