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5000 Yuan
| Issuer | People's Bank of China |
|---|---|
| Year | 1949 |
| Type | Standard circulation banknote |
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| Obverse description | The central vignette presents a farmer operating a tractor pulling agricultural equipment across a field, rendered in a fine intaglio-style engraving set within a rectangular frame. Guilloche rosettes in blue-grey tones occupy the four corners, with the denomination 伍仟 repeated vertically along both lateral margins. The issuer's name in Chinese characters appears across the top, with the date 一九四九年 along the lower border. |
|---|---|
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| Reverse description | The reverse is composed entirely of intricate guilloche lacework in olive-green tones, divided into three main panels — two large circular rosette medallions flanking a central cartouche bearing the Chinese denomination 伍千圓 in bold characters. The Arabic numerals 5000 appear in the left and right panels, with the bank name 中國人民銀行 inscribed along the top border and the year 1949 centered at the foot. |
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| Comments |
This note belongs to the first series (第一套人民币) issued by the People's Bank of China, which was established only in December 1948 — meaning the entire first series was produced under wartime conditions while the Communist forces were still fighting Nationalist troops for control of the mainland. Printing was decentralized across several facilities, and paper and ink quality varied noticeably between printings, which is why condition and color consistency can differ between ostensibly identical notes.
The first series was completely withdrawn from circulation in 1955 when the second series was introduced at a conversion rate of 10,000 old yuan to 1 new yuan — making every high-denomination note from this period essentially a document of hyperinflationary collapse inherited from the late Republic.