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5000 Yuan

Issuer People's Bank of China
Year 1949
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Currency First Rénmínbì (1949-1955)
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Reverse description The reverse is dominated by a large central guilloche rosette enclosing the numeral 5000 in bold letterpress, set within an elaborate framework of interlocking floral and scrollwork borders printed in dark blue-grey. The denomination 伍仟圓 appears in vertical panels at both left and right within ornate cartouches, and the bank title 中國人民銀行 is inscribed horizontally at top. The year 1949 is set in a decorative panel at the base of the central design.
Reverse lettering 中國人民銀行
伍仟圓
5000
1949
(Translation: People's Bank of China / 5000 Yuan / 5000 / 1949)
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Comments

The First Series Renminbi, of which this 5000 Yuan note is a part, was issued under extraordinary circumstances — the People's Bank of China had been formally established in December 1948, and note production was scattered across multiple small regional printing facilities, none of which operated to consistent technical standards. The result across the series is notable variation in paper stock, ink saturation, and print registration, sometimes within the same denomination.

First Series notes were demonetized in 1955 at a conversion rate of 10,000 old Yuan to 1 new Renminbi. Surviving circulated examples absorbed decades of heavy use before that deadline.

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