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100 Yuan
| Issuer | People's Bank of China |
|---|---|
| Year | 1949 |
| Type | Standard circulation banknote |
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| Obverse description | A vignette of a traditional Chinese sailing junk at left center, rendered in brown intaglio against a lightly patterned underprint. A central guilloche panel in green carries the denomination characters 壹佰圓, flanked by corner ornaments and the issuer name 中國人民銀行 across the top. The serial number appears in red at upper right, with two red seal impressions below the central vignette and the date 一九四九年 along the lower border. |
|---|---|
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| Reverse description | The reverse is printed entirely in brown and composed of an elaborate symmetrical guilloche design centered on the note, with the numeral 100 at left and the denomination characters 壹佰圓 at right within interlocking rosette panels. Ornate foliate scrollwork fills each corner, and the issuer name 中國人民銀行 appears at the top, with the year 1949 in Western numerals along the lower border. |
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| Comments |
The first series of Renminbi notes, of which this is a part, were issued under battlefield conditions as Communist forces consolidated control across mainland China in 1948–49. The People's Bank of China had been formally established on 1 December 1948 in Shijiazhuang, and early notes in this series were produced at multiple regional printing facilities with inconsistent quality control — the paper stock, ink saturation, and registration vary noticeably across surviving examples of the same denomination and design.
This 100 Yuan, like much of the first series, was rapidly superseded. The 1955 currency reform replaced first-series Renminbi at a conversion rate of 10,000 old yuan to 1 new yuan, effectively retiring the entire issue within a compressed redemption window. Most circulating notes were surrendered and destroyed.