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| 正面描述 | Central vignette divided into two scenes: at left, a farmer with a horse-drawn cart beside trees and rural structures; at right, a steam locomotive on a railway line with signal posts and industrial buildings, all rendered in an intaglio-style engraving on a brown-toned ground. The denomination 貳拾圓 appears in large characters at the centre, flanked by corner value panels reading 貳拾. The bank title 中國人民銀行 is inscribed across the top, with the Republican year inscription 中華民國三十七年 along the lower border. |
|---|---|
| 正面铭文 | 中國人民銀行 貳拾圓 中華民國三十七年 (Translation: People's Bank of China / Twenty Yuan / Year 37 of the Chinese Republic) |
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Pick 804 belongs to the first series issued by the People's Bank of China, established just weeks before this note entered circulation in December 1948 — the bank itself was barely a month old when these began appearing. The timing was deliberate: the Communists needed a unified currency to replace the chaotic patchwork of regional military and liberated-area notes that had accumulated across their territories during the civil war.
Printing was distributed across multiple facilities, which accounts for the minor typographic and color variations collectors encounter within the same pick number. Distinguishing genuine production variants from later reproductions requires close attention to paper texture and ink saturation — counterfeiting of early PRC issues is a documented problem.