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50 Yuan
| Issuer | People's Bank of China |
|---|---|
| Year | 1949 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | First Rénmínbì (1948-1949) |
| Composition | Log in to see details |
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| Obverse description | Central vignette enclosed within an ornate orange guilloche medallion shows a steam locomotive at left and a bridge at right, set against a landscape rendered in intaglio. The note is printed in rose-red with decorative corner rosettes bearing the denomination 伍拾 (fifty). Issuer name in Chinese characters runs along the top, with the date in Republican calendar (Year 38) along the lower border. |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Central vignette in blue intaglio presents a truck on a mountain road flanked by electricity transmission pylons, evoking industrial and infrastructural development. The numeral '50' appears in large figures within scalloped rosettes at left and right, framed by a fine guilloche border. The issuer name in Chinese characters is positioned at the top and the year '1949' is printed along the lower border. |
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| Comments |
This note belongs to the First Series Renminbi, issued while the civil war between the Communists and Nationalists was still technically unresolved — the People's Republic wasn't formally proclaimed until October 1949. The People's Bank of China had already been established in December 1948, and the first series was printed under genuinely difficult conditions, with multiple printing facilities across liberated zones producing notes that show considerable variation in paper quality and ink consistency across the run.
P#827 is among the more common denominations of the first series, though "common" is relative — the entire First Series RMB was demonetized in 1955 at a conversion rate of 10,000 old yuan to 1 new yuan.