Catalog
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| Issuer | People's Bank of China |
|---|---|
| Year | 1948-1949 |
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| Value | Log in to see details |
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| Composition | Log in to see details |
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| Shape | Rectangular |
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| Obverse description | Central vignette of river junks under sail; denomination in Chinese characters above two red seal impressions centered below the vignette. Issuer inscription runs along the upper register. |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Stylized Chinese numeral for five flanked by Western Arabic numerals denoting the denomination; Gregorian year date appears within the lower register. |
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| Comments |
The People's Bank of China was established on 1 December 1948, and the notes issued in those first months were produced under genuinely chaotic conditions — multiple printing facilities, inconsistent paper stocks, and a civil war still actively determining which territory would actually use them. Whether this specific piece is a contemporary replica made for educational or display purposes, or a later facsimile reproduction, matters considerably to its catalog placement; a 1948–49 PBoC note described as a "replica" should not be valued or treated as an issued original.
Authentic first-series PBoC 5 Yuan notes are scarce in any grade.