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5 Yuan Replica

Issuer People's Bank of China
Year 1948-1949
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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.
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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.

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