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500 Yuan
| Issuer | People's Bank of China |
|---|---|
| Year | 1949 |
| Type | Log in to see details |
| Value | 500 Yuan |
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| Composition | Log in to see details |
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| 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) |
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| Reverse lettering | 行銀民人國中 圓佰伍 500 1949 (Translation: People's Bank of China Five Hundred Yuan) |
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| Comments |
The People's Bank of China issued this note in 1949, the year the PRC was formally proclaimed — meaning this series was printed and circulated during one of the most compressed monetary transformations of the twentieth century. The Nationalist government's hyperinflationary Gold Yuan had already collapsed, and the incoming administration needed high-denomination paper in circulation fast. Speed mattered more than sophistication.
Pick 844 belongs to the First Series Renminbi, which was printed across multiple facilities under chaotic wartime and transition conditions. Different notes in this series show variation in paper stock and print registration that reflects those practical constraints rather than any design revision.