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50 Yuan Year of the Horse

Issuer People's Bank of China
Year 2026
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Currency Rénmínbì (1955-date)
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Reverse description A dramatic coloured composition depicts a powerful black horse galloping across a moonlit expanse of water, its hooves sending up vivid splashes rendered in polychrome enamel. A large luminous full moon dominates the upper centre of the field against a deep blue nocturnal sky, with misty mountain ridges receding into the background. The cyclical Heavenly Stems and Earthly Branches designation 丙午 (Bǐngwǔ, denoting the Fire Horse year) appears in the upper left field in white Chinese characters. The denomination 50元 is inscribed in bold characters along the lower portion of the field.
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Mint Shenzhen Mint (深圳国宝造币), Shenzhen, Guangdong, China (1993-date)
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Additional information

China's lunar silver series has issued a 150g 70mm flagship denomination consistently since the early 2000s, with the People's Bank authorizing mintages tightly enough that secondary market premiums on recent issues have routinely outpaced the gold equivalents on a percentage basis. The Horse cycle last fell in 2014, when that year's large-format silver attracted significant speculative buying ahead of what turned out to be a cooling mainland collector market.

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