[Ancient Gold Appraisal] Buying back the first edition 1949 Renminbi Red Factory 100 Yuan note.

The 1949 first edition of the Renminbi, the "Red Factory" 100 Yuan note, is an important denomination among the first series of Renminbi issued by the People's Bank of China in the early days of the People's Republic of China. It is nicknamed the "Red Factory" because its obverse depicts a factory scene and its primary color is red. The obverse of this banknote portrays a factory production scene, symbolizing the ambition of the new China's industrial development and construction at that time. This design represents the Chinese Communist Party's ideals of promoting industrial modernization, improving people's lives, and committing to socialist construction. The reverse side features the words "People's Bank of China" and the denomination.