Catalog
See full images - free registration
Continue with Google - no registration!
or register with email
Why register? Just to keep bots out of our catalog. Your email stays private - we will never share it or send you anything uninvited. We guarantee you that!
500 Yuan
| Issuer | People's Bank of China |
|---|---|
| Year | 1949 |
| Type | Log in to see details |
| Value | 500 Yuan |
| Currency | Log in to see details |
| Composition | Log in to see details |
| Size | Log in to see details |
| Shape | Log in to see details |
| Printer | Log in to see details |
| Designer(s) | Log in to see details |
| Engraver(s) | Log in to see details |
| In circulation to | Log in to see details |
| Reference(s) | Log in to see details |
| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | 行銀民人國中 伍 佰 圓 年八十三國民華中 (Translation: People's Bank of China Five Hundred Yuan Year 38 of the Chinese Republic) |
| Reverse description | Log in to see details |
| Reverse lettering | 行銀民人國中 500 1949 (Translation: People's Bank of China) |
| Signature(s) | Log in to see details |
| Protection type | Log in to see details |
| Protection description | Log in to see details |
| Variants | Log in to see details |
| Comments |
By late 1949, the People's Bank of China was issuing first-series Renminbi notes at a frantic pace to replace the collapsed Nationalist currency and stabilize a hyperinflation-wrecked economy. The 500 Yuan denomination sat in the middle of a range that would eventually require notes as high as 50,000 Yuan — a measure of just how badly the old monetary system had disintegrated before the Communist takeover formalized a new order.
P#842 is among the more elusive first-series issues, with surviving examples predominantly showing heavy rural circulation wear consistent with use in interior provinces.