China new 1-, 10-, 20-, and 50-yuan notes (B4118 - B4122) confirmed introduced 30.08.2019

On 29 April 2019, the People’s Bank of China announced that on 30 August 2019 it would introduce new notes like the preceding issues (except the 5-yuan note), but with redrawn vignettes, new date (2019), and enhanced anti-counterfeiting features including denomination as registration device and additional Omron rings on all denominations, as well as windowed security threads, denomination in SPARK, and vertical serial numbers at right front on all but the 1-yuan note.

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China_PBC_10_yuan_2019.00.00_B4120a_PNL_FG05_055150_f
China_PBC_10_yuan_2019.00.00_B4120a_PNL_FG05_055150_r

China_PBC_20_yuan_2019.00.00_B4121a_PNL_FB89_588400_f
China_PBC_20_yuan_2019.00.00_B4121a_PNL_FB89_588400_r

China_PBC_50_yuan_2019.00.00_B4122a_PNL_FB44_725920_f
China_PBC_50_yuan_2019.00.00_B4122a_PNL_FB44_725920_r

Courtesy of Max Keller, Ivan Bogdanov, and Juan José de Francisco Portal.

China new prefix format 100-yuan note (B4118b) confirmed


Like B4118a, but prefix format X#X#.

Courtesy of Sejin Ahn (http://www.facebook.com/myriakorea).

China new 50-yuan commemorative note reported for 28.12.2018

This note commemorates the 70th anniversary of the issuance of the renminbi (RMB). A total of 120 million of these notes were issued as of 28 December 2018.




Courtesy of 赵嘉瑞 (Zhao Jiarui) and 钞票百科 (Chaopiaobaike).

Kiau Chau chapter of The Banknote Book is now available


The Kiau Chau chapter of The Banknote Book is now available for individual sale and as a free download to subscribers.

This 7-page catalog covers notes issued by the Deutsch-Asiatische Bank (German-Asian Bank) from 1907 to 1914, and the Greater Japan Imperial Government in 1914. Published 19.01.2018.

Each chapter of The Banknote Book includes detailed descriptions and background information, full-color images, and accurate valuations. The Banknote Book also features:
  • Sharp color images of note’s front and back without overlap
  • Face value or date of demonetization if no longer legal tender
  • Specific identification of all vignette elements
  • Security features described in full
  • Printer imprint reproduced exactly as on note
  • Each date/signature variety assigned an individual letter
  • Variety checkboxes for tracking your collection and want list
  • Date reproduced exactly as on note
  • Precise date of introduction noted when known
  • Replacement note information
  • Signature tables, often with names and terms of service
  • Background information for historical and cultural context
  • Details magnified to distinguish between note varieties
  • Bibliographic sources listed for further research

Subscribe to The Banknote Book
If you collect the entire world or a large number of countries, buying a subscription is the best deal because it's less expensive than buying chapters individually, and it entitles you to every chapter currently available as well as everything published—or revised (click here to see the Change Log)—during the term of your subscription.

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China new prefix format 1-yuan note (B4109d) confirmed

China_PBC_1_yuan_1999.00.00_B4109d_P895_F076_F30828_fChina_PBC_1_yuan_1999.00.00_B4109d_P895_F076_F30828_r
Like B4109c, but prefix format X###X.

Courtesy of 嘉瑞 and Mark Irwin.

China chapter of The Banknote Book is now available


The China chapter of The Banknote Book is now available for individual sale and as a free download to subscribers.

This 172-page catalog covers Imperial Bank of China, Commercial Bank of China, Bank of China (forex), National Commercial Bank, National Industrial Bank of China, Bank of Agriculture and Commerce, Tah Chung Bank, China Silk and Tea Industrial Bank, Agricultural and Industrial Bank of China, Land Bank of China, Farmers Bank of China, People's Bank of China, Greater Japan Imperial Government, Jidong Bank, Chanan Bank, Mengjiang Bank, Federal Reserve Bank, Hua Hsing Commercial Bank, Central Reserve Bank of China, Greater Japan Southern Expeditionary Army Headquarters, Red Army Headquarters, Banque de l’Indo-Chine, Chinese Engineering & Mining, Deutsch-Asiatische Bank, Netherlands Trading Society, Credit Commercial Sino-Français, and Bank of East Asia. Revised 29.12.2018.

Each chapter of The Banknote Book includes detailed descriptions and background information, full-color images, and accurate valuations. The Banknote Book also features:
  • Sharp color images of note’s front and back without overlap
  • Face value or date of demonetization if no longer legal tender
  • Specific identification of all vignette elements
  • Security features described in full
  • Printer imprint reproduced exactly as on note
  • Each date/signature variety assigned an individual letter
  • Variety checkboxes for tracking your collection and want list
  • Date reproduced exactly as on note
  • Precise date of introduction noted when known
  • Replacement note information
  • Signature tables, often with names and terms of service
  • Background information for historical and cultural context
  • Details magnified to distinguish between note varieties
  • Bibliographic sources listed for further research

Subscribe to The Banknote Book
If you collect the entire world or a large number of countries, buying a subscription is the best deal because it's less expensive than buying chapters individually, and it entitles you to every chapter currently available as well as everything published—or revised (click here to see the Change Log)—during the term of your subscription.

Subscribe
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If you would like to receive email notifications whenever a new chapter of The Banknote Book is published, please join the email list by clicking the button below.

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Taiwan chapter of The Banknote Book is now available


The Taiwan chapter of The Banknote Book is now available for individual sale and as a free download to subscribers.

This 36-page catalog covers notes issued by the Tainan Provincial Office in 1895, the Government Silver Note Office in 1895, The Bank of Taiwan from 1899 to 1999, and the Central Bank from 1999 to present. Published 5 August 2016.

Each chapter of The Banknote Book includes detailed descriptions and background information, full-color images, and accurate valuations. The Banknote Book also features:
  • Sharp color images of note’s front and back without overlap
  • Face value or date of demonetization if no longer legal tender
  • Specific identification of all vignette elements
  • Security features described in full
  • Printer imprint reproduced exactly as on note
  • Each date/signature variety assigned an individual letter
  • Variety checkboxes for tracking your collection and want list
  • Date reproduced exactly as on note
  • Precise date of introduction noted when known
  • Replacement note information
  • Signature tables, often with names and terms of service
  • Background information for historical and cultural context
  • Details magnified to distinguish between note varieties
  • Bibliographic sources listed for further research

Subscribe to The Banknote Book
If you collect the entire world or a large number of countries, buying a subscription is the best deal because it's less expensive than buying chapters individually, and it entitles you to every chapter currently available as well as everything published—or revised (click here to see the Change Log)—during the term of your subscription.

Subscribe
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If you would like to receive email notifications whenever a new chapter of The Banknote Book is published, please join the email list.

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China to replace 1-yuan note with coin

China_PBC_1_yuan_1999.00.00_P895_E68H_436853_f
China_PBC_1_yuan_1999.00.00_P895_E68H_436853_r
According to an article in ShanghaiDaily.com dated 19 March 2016, the People's Bank of China is replacing the 1-yuan banknote (P895) with a coin.

Zimbabwe makes Chinese yuan legal tender after China cancels debts

According to an article in The Guardian dated 21 December 2015, "Zimbabwe has announced that it will make the Chinese yuan legal tender after Beijing confirmed it would cancel $40m in debts." Zimbabwe stopped using its own dollar currency in 2009 after years of hyperinflation, and replaced it with the US dollar and South African rand.

Courtesy of Mark Irwin.

China new 100-yuan note confirmed issued 12.11.2015

China_PBC_100_yuan_2015.00.00_PNL_ZF09_806677_f
China_PBC_100_yuan_2015.00.00_PNL_ZF09_806677_r
On 12 November 2015, the People’s Bank of China introduced a new 100-yuan note which is like P907, but new date, and enhanced anti-counterfeiting features, including purple-to-green windowed security thread with demetalized 100, denomination as registration device, denomination as SPARK, additional Omron rings, and vertical serial number in blue at right front.

Courtesy of Teng Zhiming (Tzm-Collections).


China new 100-yuan aerospace commemorative note confirmed

According to a Chinese-language press release dated 6 November 2015, this note commemorates Aerospace Science and Technology. It was issued 26 November 2015.

China_PBC_100_yuan_2015.00.00_PNL_J_6101949688_fChina_PBC_100_yuan_2015.00.00_PNL_J_6101949688_r
Blue, purple, and green. Front: Coat of arms; Dongfanghong I satellite; Shenzhou 9 manned spacecraft rendezvous and docking with Tiangong-1 space station; Chang’e 1 lunar-orbiting spacecraft; denomination as registration device. Back (vertical): Advancement of flight (bird, Fung Joe Guey biplane, jumbo jet, Shenzhou 9 and Tiangong-1, Chang’e 1). Windowed security thread with printed * 100 *. Watermark: Dongfanghong I satellite and electrotype 100. Printer: (China Banknote Printing and Minting). 155 x 77 mm.

Courtesy of 嘉瑞(Nick Chiu) and Teng Zhiming (Tzm-Collections).


China new 100-yuan note reported for 12.11.2015 introduction

China_PBC_100_yuan_2015.00.00_PNL_AA00_000000_fChina_PBC_100_yuan_2015.00.00_PNL_AA00_000000_r
According to a press release dated 31 July 2015, the People’s Bank of China has unveiled a new 100-yuan notes which will be issued into circulation on 12 November 2015. The new note is like P907, but new date, and enhanced anti-counterfeiting features, including purple-to-green windowed security thread with demetalized 100, denomination as registration device, denomination as SPARK, additional Omron rings, vertical serial number in blue at right front.

China new prefix formats for 1-, 10-, and 100-yuan notes confirmed

1 yuan, 1999. Like P895, but letter, number, number, letter prefix.

10 yuan, 2005. Like 904, but letter, number, letter, number prefix.

100 yuan, 2005. Like 907, but letter number, number, letter prefix.

Courtesy of Max Keller.

South Korea banknote printer seeking more overseas contracts

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According to an article in Korea Times dated 24 June 2014, Korea Minting, Security Printing & ID Card Operating Corp. (KOMSCO) has seen its production volume halved over the past five years, and hopes to utilize excess capacity by obtaining contracts to print banknotes for other countries. Countries for which KOMSCO has produced or is producing "currencies" (may include coins, not just banknotes) include China, Indonesia, Israel, Japan, Libya, Peru, Switzerland, Thailand, and Vietnam. Last year KOMSCO won an order from Peru to produce 305 million 50-nuevo sole notes, with delivery to be completed by the end of June 2014.

Macau chapter of The Banknote Book is now available


The Macau chapter of The Banknote Book is now available for individual sale and as a free download to subscribers.

This 45-page catalog covers notes issued by the Banco Nacional Ultramarino (Overseas National Bank) from 1905 to present, and the Banco da China (Bank of China) from 1995 to present. Revised 29.09.2018.

Each chapter of The Banknote Book includes detailed descriptions and background information, full-color images, and accurate valuations. The Banknote Book also features:
  • Sharp color images of note’s front and back without overlap
  • Face value or date of demonetization if no longer legal tender
  • Specific identification of all vignette elements
  • Security features described in full
  • Printer imprint reproduced exactly as on note
  • Each date/signature variety assigned an individual letter
  • Variety checkboxes for tracking your collection and want list
  • Date reproduced exactly as on note
  • Precise date of introduction noted when known
  • Replacement note information
  • Signature tables, often with names and terms of service
  • Background information for historical and cultural context
  • Details magnified to distinguish between note varieties
  • Bibliographic sources listed for further research

Subscribe to The Banknote Book
If you collect the entire world or a large number of countries, buying a subscription is the best deal because it's less expensive than buying chapters individually, and it entitles you to every chapter currently available as well as everything published—or revised (click here to see the Change Log)—during the term of your subscription.

Subscribe
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If you would like to receive email notifications whenever a new chapter of The Banknote Book is published, please join the email list by clicking the button below.

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China not planning larger denomination notes

According to an article in People's Daily Online dated 12 March 2012, Hu Xiaolian, deputy governor of the People's Bank of China, said that the central bank is not planning to issue larger denomination banknotes in the short term.

"We have noticed public complaints of inconvenience in bigger transactions...but we should consider all the pros and cons of the issue," said Hu at a press conference on the sidelines of the country's annual parliamentary session.

China new serial number format 5-jiao note confirmed


5 jiao, 1980. Like P883, but prefix format now A#A followed by 7-digit number, versus old format of AA and 8-digit number.

Courtesy of Alexander Petrov.

China new serial number format 1-jiao note confirmed


1 jiao, 1980. Like P881, but prefix format now A#A followed by 7-digit number, versus old format of AA and 8-digit number.

Courtesy of Alexander Petrov.

China new serial number format 1-yüan note confirmed



1 yüan (US$0.15), 1999. Like P895, but prefix format now A#A# in red followed by 6-digit number (top), versus old format of AA## in red and 6-digit number in black (bottom).

Courtesy of Andy Siegman.

China new serial number format confirmed


China has apparently issued notes with a new serial number format, specifically A0A0123456. This has been reported on 10c, 50c, Y1, and Y100 notes.

Courtesy of David Liu.

China denies rumors of 500-yuan note


The Fuzhou Branch of the People’s Bank of China denied rumors that a new 500-yuan (US$73.20) note will be released by November 2009. Fueled by fears of inflation, rumors of the new banknote have been floating around since 2006. Wei Guoqi, a senior official at the People’s Bank of China, declared “it's not true,” and stated that no formal notice about the introduction of any new banknotes had been received. Images of the purported new note bearing a portrait of Deng Xiaoping are considered a hoax.



China issues Olympics commemorative note


10 yuan (US$1.45), 2008. The PBOC introduced six million notes on 08.07.2008 to commemorate the Beijing Olympic Games. Cyan. Front: National Stadium (Bird’s Nest), games emblem, Temple of Heaven, and coat of arms. Back: Greek marble statue of discus-thrower, Discobolus; athletes (runners, high jumper, gymnast, soccer players). Watermark: 10 and “Games of XXIX Olympiad” in Chinese. 148.5 x 72 mm. Existing 10-yuan notes to continue circulating.