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High-price recycling 1948 Twenty Yuan Donkey and Train | Hong Kang Business

High-price recycling 1948 Twenty Yuan Donkey and Train | Hong Kang Business

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First Series Renminbi 1948 Twenty Yuan "Donkey and Train" Banknote File and Features

Understanding the background and physical characteristics of old Renminbi is the first step in assessing its resale potential. Below is detailed information about this rare banknote, helping you grasp the key aspects of authenticating the First Series Renminbi and the value of collecting old banknotes:

Item Detailed Description
Issuance Date August 1949 (Note: Year printed on the note is Minguo 37 / 1948)
Withdrawal Date May 10, 1955
Banknote Size 121 mm × 64 mm
Prefix and Number Three-character prefix, seven-digit number
Printing Process Offset printing, four colors
Design and Colors Front: Donkey pulling a cart on the left, train on the right, main color in dark and light brown; Back: Main design is a large floral motif, main color in black and brown.
Hidden Features "C" character behind the donkey's leg on the front left; "20" character below the left side of the floral motif on the back right (slight variations may exist between different editions, requiring expert appraisal with instruments).
Paper Quality and Anti-Counterfeiting This edition of the banknote is primarily designed without a watermark, with two types of paper thickness (thick and thin), exhibiting distinct printing characteristics of the era. Its special ink and paper aging status are crucial for determining authenticity.

Key Factors Affecting the Buyback Price of "1948 Twenty Yuan": Condition Grading Standards

Aside from rarity, the preservation condition (grade) of a banknote directly determines the final offer for high-priced old banknote recycling in Hong Kong. We adopt internationally recognized banknote grading standards to provide you with the most objective and transparent valuation service for your old banknotes:

Grade Description of Banknote Condition Impact on Buyback Price