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100 Yuan without YUAN

Issuer People's Bank of China
Year 1999
Type Standard circulation banknote
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Reverse description A central intaglio vignette of the Great Hall of the People is flanked by multilingual inscriptions: ZHONGGUO RENMIN YINHANG in roman script at upper right, with the bank name and denomination rendered in traditional Mongolian, Tibetan, Uyghur, and Zhuang scripts across the upper register. A vertical arabic numeral 100 appears at upper left and is repeated at lower left. The year 1999年 is printed at lower right of centre, and a microprinted band along the bottom border alternates repeating sequences of 100RMB100RMB on the upper lines and 人民币人民币 on the lower line.
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Protection description Portrait watermark of Mao Zedong; embedded security thread; optically variable numeral 100 at lower left of obverse shifting colour under different angles; microprinted repeating text 100RMB100RMB and 人民币人民币 along the bottom border of the reverse
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The "without YUAN" designation refers to a specific printing variant of the fifth series 100 Yuan note in which the pinyin romanization "YUAN" was omitted from the face. This is not a post-issue alteration — it reflects an early production state before the typography was standardized across the full print run. The variant is catalogued separately (Pick 901 versus the standard Pick 901a) precisely because it predates the correction.

Fifth series notes were the first Chinese issues to incorporate optically variable ink on the numeral denomination, a counterfeit deterrent adopted in direct response to sophisticated forgeries that had plagued the fourth series through the 1990s.

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