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5 Jiao

Issuer People's Bank of China
Year 1953
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Currency Second Rénmínbì (1955-date)
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Obverse description A central vignette presents a large hydroelectric dam with water cascading dramatically from its spillways, set against a mountainous landscape rendered in fine intaglio line work. The bank title 中國人民銀行 appears in the upper guilloche border, flanked by the denomination 伍角 at both upper corners. To the right, the denomination is repeated within an ornate oval cartouche with scrollwork surround, while two red seal impressions appear in the lower central area alongside the year inscription 一九五三年 in the bottom border panel.
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Reverse lettering 中國人民銀行 伍角 1953
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Comments

This denomination was part of the second series of Renminbi, which China could not print domestically in sufficient volume during the early 1950s — Goznak in Moscow produced several of the second series notes under a Sino-Soviet technical cooperation arrangement. The relationship was close enough that Soviet engravers had direct input on the intaglio work, which is visible in the finished quality.

When Sino-Soviet relations collapsed after 1960, the printing plates and technical files held in Moscow became a politically sensitive matter. China did not publicly acknowledge Goznak's involvement for decades.

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