869) 70th Anniversary of the Renminbi: People's Republic of China celebrates with a 50 Yuan Commemorative Banknote being issued on 28.12.2018:

869) 70th Anniversary of the Renminbi: People's Republic of China celebrates with a 50 Yuan Commemorative Banknote being issued on 28.12.2018:

The People's Republic of China is celebrating the 70th Anniversary of the Renminbi (which translates as "People's money"), with the issue of a 50 Yuan Banknote.

The Front of the 50 Yuan Commemorative Banknote, placed against an image of the Back of the Banknote

The first batch of this commemorative Banknote will be released nationally on 28. 12.2018 followed by additional Banknotes to be released on 11.01.2019 in selected provinces like - Liaoning, Jilin, Heilongjiang, Jiangsu, Shandong, Hebei and Guangdong, among others.

On the Front of the 50 Yuan Commemorative Banknote are depicted tree rings and patterns taken from each series of Renminbi issued from the first to fifth Series. The National Emblem of the People's Republic of China and the Chinese title of "The People's Bank of China" are shown at top left, with characters translating to "The 70th Anniversary of Renminbi Issuance" and 1948-2018 below.

The Back of the 50 Yuan Commemorative Banknote features the headquarters building of the People's Bank of China (PBC) as the main pattern, with peony flowers, the site of the old PBC building and the announcement of the first series of Renminbi Banknotes at the top right, with a silhouette of city buildings below.

At top left, in addition the the denomination in numerals "50", "The People's Bank of China" is in Pinyin alphabet, and the words translate to "The People's Bank of China", as well as, the denomination, appear in the Mongolian, Tibetan, Uyghur and Zhuang languages. The governor's stamp and the year of issue"2018" are at the bottom.

The Security Features include:

A thread of ancient cash coins and the denomination shifting from gold to green when tilted and a water-mark with an image of the Great Wall of China. 

Intaglio printing is used for the National Emblem of the PRC, the title of the Bank, the main image, the numerals of the face value and a Braille device.

Other characteristics of this Banknote:

The Size of the Banknote is 150 mm x 70 mm (which is the same as the regular issues); The colour of this Banknote is predominantly yellow and red.

A total of 120 million Banknotes will be printed and released.








Other interesting links to posts on the People's Republic of China on this Blog:

1) The Travels of a silver Mexican Peso:1898 restruck in 1949

2) Ancient Chinese, Indian and Islamic coins at the Shanghai Museum

3) A Road trip to Himachal - Manali, Dharmshala, Simla

4) coins-and-currency-of the SAR of-Hong-Kong

5) Coins and Currency of the SAR of Macau  

6) Yuan Shih-Kai or "Fatman" or "Big Head" silver dollar

7) Currency of the People's Republic of China - Yuan, Jiao & Fen

8) Chinese Guardian Lions: A set of two coins - male & female lions - in the denomination of 10 dollars issued by Coin Invest Trust on behalf of the Republic on Palau: Coins dated 2017, released in 2018

9) 9th BRICS 2017 Summit held in Xiamen, People's Republic of china (PRC) from 03.09.2017 to 05.09.2017 commemorated by the People's Republic of China by issue of Silver 5 & 10 Yuan and Gold 50 Yuan Coins issued on 28.08.2017

10) 70th Anniversary of the Renminbi: People's Republic of China celebrates with a 50 Yuan Commemorative Banknote being issued on 28.12.2018