First Set of Renminbi Banknotes from 1948, the 10-Yuan Irrigation Field Edition Buyback | Gu Jin Jian Bao

1948 First Series Renminbi 10 Yuan "Irrigation Field Edition" Historical Background and Collection Value

The First Series Renminbi was issued during the historical transitional period when the Chinese Civil War was moving towards complete victory, possessing extremely high historical and cultural value for the new China. Among them, the 1948 First Series Renminbi 10 Yuan (Irrigation Field and Mine Edition) , as one of the early issued denominations, authentically recorded the historical background of agricultural and industrial production Buyback at that time. Due to the inconsistent paper quality, limited printing technology, short issuance period, high circulation loss, and subsequent complete buyback, the number of old versions of RMB existing on the market today is extremely rare. For the collection market focusing on high-priced acquisition of old banknotes in Hong Kong/Macau, this banknote is an extremely rare treasure in terms of both cultural heritage and appreciation potential.

First Series Renminbi 10 Yuan (Irrigation Field Edition) Detailed Specifications

To help collectors better understand this banknote, we have compiled a detailed coin archive. Mastering this basic information helps to more accurately assess its value during the old coinBuyback process.

Specification Item	Detailed Description
Issuance Date	December 1, 1948
Withdrawal Date	May 10, 1955
Banknote Size	121 mm × 65 mm
Serial Number Format	Three letters, seven digits
Front Design and Main Color	Left: irrigation field pattern; Right: mine shaft pattern; Main color: dark green
Back Design and Main Color	Floral pattern; Main color: blue-green
Printing Process	Offset printing, three colors
Watermark Features	No watermark (early paper often had wavy lines or embedded paper with English letters as hidden features)

Factors Affecting the buyback price of the 10 Yuan Irrigation Field Edition (Condition Assessment Guide)

In assessing the buyback price of the First Series Renminbi, "condition" is the absolute core factor determining the final acquisition price. Gujin Jiabao provides transparent evaluation standards to protect the rights of collectors. Below are common old banknote condition grades and their impact on value:

Condition Grade	Condition Description	Expected buyback value
Uncirculated (UNC)	Clean and neat banknote, sharp corners, no creases, foxing, fading, or washing marks, retaining original factory luster.	Extremely High (Extremely rare on the market, commands a top premium)
About Uncirculated (XF-AU)	Minor edge wear or one to two soft creases, overall banknote still crisp, clear patterns, no obvious staining.	Relatively High (Favored by high-end collectors)
Very Fine (VF)	Obvious multiple creases, slightly rounded corners or minor tears (not extending into the pattern), banknote may have slight yellowing.	Medium (Mainstream condition on the market)
Good to Fine (VG-F)	Softened banknote, obvious stains, larger tears, missing paper, writing marks, or artificial repairs and washing.	General (Mainly serves as a basic collectible for historical version research)

Expert Advice: How to Authenticate the "Irrigation Field 10 Yuan"

Counterfeits occasionally circulate on the market, so mastering basic old banknote authentication skills can help avoid unnecessary losses. During our process of professionally acquiring silver dollars and old coins, we usually pay attention to the following points:

1. Paper Material Test: Most First Series Renminbi banknotes use cotton fiber paper, which, although thicker and coarser, shows no fluorescent reaction under UV light. Modern counterfeits often use chemical wood pulp paper, which typically has fluorescent bright spots.
2. Hidden Mark Search: Genuine banknotes incorporated anti-counterfeiting hidden marks during design. For example, specific tiny Chinese characters or letters (requiring a magnifying glass to observe) are usually hidden in the bottom left floral design of the irrigation field pattern on the front, or near the denomination number on the back.
3. Printing Screen Observation: Genuine banknotes used offset printing technology at the time. Although the lines are not as three-dimensional as intaglio printing, the ink penetration is natural. Most counterfeits are modern high-definition photocopies, and when magnified, obvious regular dot patterns (pixels) can be seen.

Why Choose Gujin Jiabao for Old Banknote Buyback?

Whether you possess First Series Renminbi, Macau old silver coins, or other rare commemorative banknotes, we are committed to providing the most secure transaction experience:

• Free Online Valuation: No need to visit the store in person. Simply send clear high-definition front and back photos (including translucent images) via WhatsApp or WeChat, and our team of experts will provide you with a preliminary professional high-price valuation.
• Integrity-based, Cash Settlement: After confirming that the price and condition match, we support face-to-face service in Hong Kong and Macau, with on-site appraisal and immediate cash or bank transfer settlement, ensuring safety and speed.
• Absolute Privacy Protection: We strictly protect customer identity information and transaction records, safeguarding the monetization of your collection.

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