High price buyback of the second edition of RMB series

💴 The second series of Renminbi (RMB) was issued on March 1, 1955, and gradually ceased circulation starting in 1962. It included 11 denominations and 13 varieties, ranging from 1 fen to 10 yuan. The 3, 5, and 10 yuan notes from 1953 (colloquially known as the "Soviet notes" or "Su San Bi") were printed in the Soviet Union. Following the deterioration of Sino-Soviet relations in 1964, they were urgently recalled and destroyed. Consequently, very few of these notes remain, making them the rarest varieties of the second series RMB. A complete set of all 13 notes is also a top-tier collectible in the numismatic world.

Key Notes and Market Prices for Second Series Renminbi (HKD Reference)

Note Rarity Recent Single Note Price (Uncirculated Condition)
10 Yuan "Big Black Ten" (Su San Bi) King of the Second Series HK$ 350,000 – 750,000+
5 Yuan "Seagull Watermark" (Su San Bi) Rare HK$ 35,000 – 75,000
5 Yuan "Five-Star Watermark" (Domestically Produced) — HK$ 8,500 – 20,000
3 Yuan "Jinggangshan" (Su San Bi) Unique Denomination in Second Series HK$ 28,000 – 65,000
2 Yuan "Pagoda Mountain" — HK$ 4,500 – 11,000
1 Yuan "Tiananmen" — HK$ 800 – 2,500
5 Jiao "Dam" — HK$ 350 – 850
2 Jiao "Train" — HK$ 250 – 600
1 Jiao "Tractor" — HK$ 150 – 400
Fen Notes 1 / 2 / 5 Fen Common HK$ 5 – 50
Complete Set of 13 Second Series Notes Top Collectible HK$ 600,000 – 1,200,000

Market prices fluctuate daily, so seize the opportunity. WhatsApp 94530784 for an instant quote. Cash, FPS, and bank transfers are all accepted.

Key Valuation Points for Second Series Renminbi

  1. Su San Bi (1953 Series 3/5/10 Yuan): Printed in the Soviet Union in March 1953, recalled and destroyed in 1964, extremely few remaining. The "Big Black Ten" (10 yuan black note) is the king of the second series.
  2. Watermark Identification: The "Seagull Watermark" 5 yuan (Soviet-printed) and the "Five-Star Watermark" 5 yuan (domestically produced replacement) are key identification points, with the former being 3-4 times more valuable.
  3. 3 Yuan Denomination: The 3 yuan denomination (Jinggangshan design) only appeared in the second series of RMB, making it a key focus for collectors.
  4. Condition Grading: PMG/PCGS grading is the mainstream standard. Su San Bi notes graded 65 or higher are extremely rare.

About Hong Kang Coin & Banknote Co.

The second series "Su San Bi" (1953 series 3/5/10 yuan) are core collectibles sought after by numismatists and must be inspected in person. For more company background, business address, and physical store information, please see About Us.

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Quick Answer: How to Value These Items?

For the second series Renminbi (1955-1962) buyback, the Su San Bi Big Black Ten, Seagull Watermark 5 Yuan, and Jinggangshan 3 Yuan fetch the highest prices. A complete set of 13 notes is considered top-tier. Condition and watermarks should be clearly photographed.

Series & Prefix The series, prefix, watermark, and hidden marks affect the value.
Condition Grading Creases and stains should be clearly photographed, and the grading score (PMG) should be provided.
Sets & Batches Complete sets, replacement notes, and uncut sheets are easier to value at once.

Related entries: Buyback of Coins and Banknotes, Buyback of First Series Renminbi, Buyback of Third Series Renminbi.

Common FAQs

Which denominations of the second series Renminbi are the most valuable?

The 1953 Black Ten Yuan (Big Black Ten) is the "King of Banknotes" for the second series, and those in good condition fetch extremely high buyback prices. Additionally, the Soviet Three Yuan (1953 Three Yuan) and the Red Five Yuan are also rare varieties.

What are the characteristics of the paper used for the second series Renminbi?

Some denominations of the second series were printed by the Soviet Union, and the paper quality is distinctly different from those printed domestically. The "Soviet Three Banknotes" (Three Yuan, Five Yuan, and Ten Yuan) printed by the Soviet Union have thicker paper and more exquisite printing.

If banknotes have slight creases, does it significantly affect their value?

It has some impact, but it doesn't mean they are worthless. In condition grading, banknotes with creases are classified as XF or VF. While their price is lower than brand new ones, rare denominations can still command a considerable buyback price.

How do I contact you if I want to sell second series Renminbi?

WhatsApp 94530784 and send clear photos of the front and back, showing the watermark, serial number, and the condition of all four corners. We will provide a quote on the same day.

Is your quote guaranteed?

Absolutely. After the quote, we will meet in person for inspection. Once the condition and authenticity are confirmed, payment will be made on the spot. The transaction price will not be lower than the quoted price, ensuring transparency.

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