Banknotes in denomination of 50,000

Largest banknote in size - “Large Black RMB 10”

RMB 10 of the 3rd set of RMB banknotes 

RMB100 of the 4th set of RMB banknotes

The 5th set of RMB banknotes with the most advanced anti-forgery technology

CHONGQING (CQNEWS) -- Five sets of RMB banknotes have been issued over the past 70 years since the 1st set of RMB banknotes officially issued on December 1, 1948. Now, “Name Card of China - Exhibition for the 70th Anniversary of Renminbi” itinerant exhibition comes to Chongqing, firstly disclosing the stories behind the issuance of RMB. Let’s know about the “special RMB”.

Largest denomination – RMB 50,000

Collection value: it was just circulated for 15 months, so there is a small quantity.

Since the founding of the People’s Republic of China, the largest denomination of banknotes is RMB 50,000 of the 1st set banknotes printed in 1950 and issued in 1953, including 2 kinds of printing, with patterns of Xinhua Gate and a harvester printed on the obverse respectively.

These 2 kinds banknotes were circulated for 15 months and 16 months only, respectively.

Smallest denomination – one-fen coin (RMB 0.01)

Collection value: the average price is 10,000 yuan / piece. The banknotes are hard to see due to the small quantity.

The 2nd set of RMB is China’s first implementation of the currency system with standard currency and fractional currency and the issuance of metal coins, including one-fen, two-fen and five-fen metal coins, ending China’s modern and contemporary history without unified circulating coins.

These one-fen, two-fen and five-fens metal coins are most favored by collectors, for example, the “Five Golden Flowers” consisted of three five-cent coins issued between 1979 and 1981, two-cent coin issued in 1980 and one-cent coin issued in 1981. Their average price is about 10,000 yuan / piece, and it is very difficult to see them due to the small quantity.

Largest banknote in size - “Large Black RMB 10”

Collection value: the banknotes with profound historical significance were issued under the help of the Soviet Union, whose collection value are about RMB 300,000.

RMB 10 is the largest denomination of the 2nd set of RMB, usually called as “Large Black RMB 10”, which is the largest banknote in size issued by now.

The basic color of the 210mm x 85mm Large Black RMB 10 is black, with female farmer holding ears of rice on the obverse and male worker wearing a cap on the reverse, which represents Chinese working and peasant classes are masters of their own lives and embrace a new life.

Earliest “home-made” watermark banknote paper - RMB 10 of the 3rd set of RMB banknotes

Collection value: China's first fixed watermark banknote paper was successfully developed in 1964.

The production of the 3rd set of RMB banknotes broke through the technical difficulties of art drawing and printing equipment, which was printed and made by China’s self-developed special equipment and banknote paper. Fixed watermark was used as an anti-forgery technology for RMB 10, the largest denomination, making China's first fixed watermark banknote paper successfully developed in 1964.

Great man’s portrait firstly appeared on RMB 100 of the 4th set of RMB banknotes

Collection value: it’s the first time to use a large portrait as the main watermark.

The 4th set of RMB banknotes was issued by People’s Bank of China from April 27, 1987. It’s the first time to use a large portrait as the main watermark. Four great men's portrait, including Mao Zedong, Zhou Enlai, Liu Shaoqi and Zhu De, as well as the head portraits of workers, farmers and intellectuals were suggested to designed on RMB 100 banknotes and RMB 50 banknotes respectively, which was the first time for relief of great man’s portrait became the themes of banknotes.

Most “cool technologies” applied on the 5th set of RMB banknotes

Collection value: anti-forgery performance and currency modernization are in the world's advanced level, with the most anti-forgery technologies.

With the fast development of economy and the continuous progress of financial reform and opening up, People’s Bank of China issued the 5th set of RMB banknotes from October 1, 1999.

Its anti-forgery performance and currency modernization are in the world's advanced level, with the most anti-forgery technologies fully applied to machine readable function. (Translated by Mao Qiao, Fathom Language Limited)