Collection: first edition of Renminbi Buyback | Gu Jin Jian Bao

First Series Renminbi Buyback: The Collection Value of the 1948 Founding Currency

In December 1948, the People's Bank of China was established in Shijiazhuang, and the first series of Renminbi was issued on the same day. These banknotes ceased circulation completely within a short period of seven years. Coupled with the varying printing conditions and fragile paper quality at the time, those that remain in good condition today are extremely rare. Taking the "10,000 Yuan Horse Herding" as an example, fewer than a hundred pieces remain in perfect condition, and their auction prices have repeatedly hit new highs in recent years. If you have any banknotes from the first series of Renminbi, you are welcome to contact Gu Jin Jian Bao for a free appraisal. We will provide a fair price based on current market conditions.

🔍 First Series Renminbi Popular Buyback Varieties Price Reference Table

Below are the most inquired-about and highly collectible star banknotes in the market. Prices are affected by the condition (newness/oldness), serial number, and whether there are repairs. We recommend contacting us for a precise appraisal.

Denomination Name	Face Value	Main Features	Collection Value Rating	Key Long-Tail Keyword Reference
10,000 Yuan Horse Herding	10,000 Yuan	Issued in Inner Mongolia, King of the First Series	★★★★★	Horse herding banknote buyback price, perfect condition horse herding appraisal
5,000 Yuan Mongolian Yurt	5,000 Yuan	Circulated only in Mongolia, extremely rare	★★★★★	Mongolian yurt 5,000 yuan acquisition, old banknote auction market
500 Yuan Zhande City	500 Yuan	King of Xinjiang banknotes, extremely low circulation	★★★★☆	Zhande City Buyback, Xinjiang Renminbi appraisal
10,000 Yuan Camel Caravan	10,000 Yuan	Purple tone, Uighur version	★★★★☆	Camel caravan 10,000 yuan value, old banknote Buyback center
100 Yuan Red Steamer	100 Yuan	1949 version, divided into large and small numbers	★★★☆☆	Red steamer Buyback, 1949 100 yuan price
50 Yuan Locomotive	50 Yuan	Early railway construction theme	★★★☆☆	Locomotive 50 yuan acquisition, first series 50 yuan

📝 Factors Affecting the buyback value of First Series Renminbi

Condition Grade: Whether the banknote has creases, stains, repairs, cuts, or fading. The price difference between perfect condition and poor condition can be tens of times.
Version Differences: The same face value often has multiple designs (e.g., the 20 yuan has multiple versions such as the overpass, train, and Longevity Hill). The rarity of a specific version determines its price.
Watermarks and Serial Numbers: Certain specific watermarks (e.g., hollow five-pointed star) or consecutive serial number banknotes have higher premium potential.

Friendly Reminder: Never clean old banknotes with water or chemical agents yourself. Incorrect cleaning can severely damage the fibers, significantly reducing their collection value. Please keep them in their original condition and contact us.

📞 Book a Free Appraisal Now

If you have First Series Renminbi, old banknotes, Great Wall coins, or various commemorative banknotes, feel free to inquire. We are sincerely looking to acquire large quantities of old mainland Renminbi.

WhatsApp： 98342057

WeChat：john19998

Tel：852-98342057

Old Renminbi Buyback, free appraisal, large-scale Buyback of old mainland Renminbi, first series Renminbi Buyback, professional Buyback at our Hong Kong store, free appraisal, free on-site Buyback, free appraisal of old coins.

Physical Store・Integrity Management

Gu Jin Jian Bao has a physical store in Hong Kong, with many years of deep experience in antique coin and antique appraisal and acquisition. Every transaction begins with a free appraisal, transparent pricing, and instant settlement in cash or Faster Payment System. Customers can visit our store or schedule an on-site visit, with coverage across all of Hong Kong including the outlying islands. All transaction records are complete and verifiable for trustworthiness. If you have any questions about versions or market conditions, feel free to inquire via WhatsApp 98342057. We will use the latest auction house transaction prices as a reference to offer the fairest and highest market buyback price.

Featured Popular Buyback Items

Below are some of the more sought-after collectibles in this series. Click to view detailed appraisal information, key version features, and reference buyback prices. If you have similar or approximate versions, please send photos to WhatsApp 98342057 for a free valuation:

Also Recommended・Related buyback services

The following categories are also appraised and acquired by Gu Jin Jian Bao's professional team. If you have collectibles spanning multiple categories, you are welcome to send photos for a combined estimate and enjoy a package buyback price:

Buyback Second Series Renminbi Su San banknotes and 1953 versions
Buyback Third Series Renminbi Green back watermark, Jujube Red 1 Jiao
Buyback Fourth Series Renminbi 1990 rare serial number banknotes
Buyback Silver Yuan and Fourth Series Renminbi Set Batch appraisal at once
Buyback Silver Yuan Yuan Datou, Dragon Dollar, Sun Xiaotou
View all Buyback items

Frequently Asked Questions (FAQ)

Q1：第一版人民幣回收價最高是哪幾張？

牧馬圖、蒙古包、瞻德城屬「絕品」級別，全新品相市場價可達數百萬港元；即使品相普通，亦遠超一般舊鈔。

Q2：紙張破損或有摺痕，仲有冇收藏價值？

仍有價值。第一版存世量稀少，即使品相欠佳，名版亦可達 5-6 位數成交，建議交由專家鑑定再決定。

Q3：點樣最快取得估價？

WhatsApp 98342057 發送正反兩面清晰照片，附上面值與冠號，專家會在短時間內回覆初步估值，免費。

Recycling process

1) Clients should first provide basic information about their collection via WhatsApp (852) 98342057. You can also contact us directly via this link.
2) We will provide a preliminary quote after receiving your information.
3) Both parties agree on a time and place (on-site inspection is available) to inspect the collection. We will provide a precise quote based on the actual condition of the collection.
4) Confirm the sale and make payment in various forms such as bank transfer or cash.