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1000 Yuan

Issuer People's Bank of China
Year 1948
Type Standard circulation banknote
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Obverse lettering 行銀民人國中 圓仟壹 年七十三國民華中
(Translation: People's Bank of China One Thousand Yuan Year 37 of the Chinese Republic)
Reverse description The reverse is dominated by a finely engraved oval vignette of the Temple of Heaven in Beijing, set against a clouded sky and rendered with detailed architectural precision. The vignette is surrounded by elaborate guilloche scrollwork and floral ornamental panels, with the denomination panels 壹仟圓 repeated in the upper left and right corners. The numeral 1000 appears in the lower centre beneath the central vignette.
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Comments

Pick 810 belongs to the First Series of Renminbi, issued by the People's Bank of China almost immediately after its founding on 1 December 1948 — the bank and the currency were effectively launched together as Communist forces consolidated territory ahead of the final campaigns against the Nationalist government. The 1,000 Yuan denomination was among the higher values needed to cope with the hyperinflationary conditions inherited from the collapsing Nationalist economy, where paper money had lost credibility catastrophically under the Gold Yuan reform earlier that same year.

Multiple printings exist with differing block characters and watermark variations, and attribution between them remains a point of ongoing specialist debate.

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