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50 Yuan Replica
| Issuer | People's Bank of China |
|---|---|
| Year | 1949 |
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| Composition | Log in to see details |
| Size | 132 x 69 mm |
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| Obverse description | Log in to see details |
|---|---|
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| Reverse description | Predominantly cream ground with a central guilloche rosette bearing the numeral '50' in large figures, flanked by smaller '50' numerals set within ornate lobed cartouches at left and right. The bank title 中國人民銀行 is inscribed along the top, and a fine geometric border frames the entire design in brown. |
| Reverse lettering | 中國人民銀行 50 (Translation: People's Bank of China 50) |
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| Comments |
Pick 831 belongs to the First Series Renminbi, the foundational currency issue of the newly proclaimed People's Republic. The First Series was produced under chaotic conditions across multiple printing facilities, and the 50 Yuan denomination existed in several distinct varieties differing in color, watermark, and printer — a complexity that makes attribution genuinely difficult and that replica pieces only compound.
The word "Replica" in the catalog name is worth taking seriously. Reproductions of First Series notes circulate widely among collectors, partly because surviving originals in any grade are scarce, and partly because the notes were demonetized in 1955 at a conversion rate of 10,000 old Yuan to 1 new Renminbi — eliminating most incentive to preserve them.