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5 Yuan
| Issuer | People's Bank of China |
|---|---|
| Year | 1956 |
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| Value | Log in to see details |
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| Reference(s) | P#872 |
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|---|---|
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| Reverse description | The reverse is printed in purple-brown on a pale yellow ground, centred on an ornate oval guilloche frame surmounted by the national emblem of the People's Republic of China. Within the frame, the issuer name 中國人民銀行 and denomination 伍圓 appear in Chinese, flanked by the equivalent inscription in Uyghur script to the left, Tibetan script to the upper right, and Mongolian script below centre, reflecting the note's multilingual policy. The numeral 5 appears in the outer corners and the year 1956 is set in a small decorative cartouche at the foot of the central design, all surrounded by intricate scrollwork borders. |
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| Protection type | Watermark |
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| Comments |
This note belongs to the second series of Renminbi, introduced from 1955 onward as the government replaced the first series at a rate of 10,000 old yuan to 1 new yuan — a drastic redenomination aimed at stabilizing an economy still recovering from civil war inflation. The Beijing Banknote Printing Factory had only recently come online as China's primary security printer, reducing dependence on Soviet technical assistance that had propped up earlier production runs.
The watermark remains the sole mechanical security feature, modest by international standards of the period but consistent across the second series. Notes from this issue circulated well into the 1960s before the third series began its gradual replacement.