• 宏康酒行收購舊版人民幣 1949年 壹仟圓塘江橋 - 高清細節圖
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Old series RMB: On-site collection of 1949 1,000 Yuan Tangjiang Bridge | Hong Kang Trading Co.

Old series RMB: On-site collection of 1949 1,000 Yuan Tangjiang Bridge | Hong Kang Trading Co.

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The First Series of Renminbi (RMB) of 1949: One Thousand Yuan Qiantang River Bridge – Historical Background and Collection Value

As the pioneering modern Chinese paper currency, the First Series of Renminbi is extremely rare due to its short issuance period, complex circulation environment, and complete recall. Among these, the 1949 One Thousand Yuan Qiantang River Bridge banknote is a highly sought-after treasure by collectors. This banknote bears witness to a significant historical transition period. Its front features the magnificent Qiantang River Bridge and Liuhe Pagoda as the main imagery, not only showcasing the industrial and architectural achievements of the time but also possessing immense cultural relic and historical research value. In recent years, with the continuous rise in auction prices for old RMB banknotes, the market appreciation potential for such rare banknotes is enormous.

1949 One Thousand Yuan Qiantang River Bridge Authentication and Feature Guide

To protect the rights of collectors and demonstrate our expertise, we provide the following core authentication features for this banknote. There are some fakes in the market; the details below can help with initial authentication:

Authentication Item Description of Genuine 1949 One Thousand Yuan Qiantang River Bridge Features Key Professional Identification Points and Covert Features (Anti-Counterfeiting Marks)
Paper Material Uses custom watermark paper with a wavy pattern or non-watermark paper. Genuine banknotes, aged over time, have a natural yellowish hue and flexibility, unlike the stiffness and fluorescent reaction of modern paper.
Underprint and Color The main color of the note is blackish-blue and grayish-blue, with clear and distinct patterns. Check for broken lines, blurriness, or misaligned color overlays in the geometric patterns of the underprint. Genuine notes have fine and uniform mesh-like underprints.
Covert Features (Front) Specific covert text is hidden within the design of the main image and border.

1. The character "人" (rén, person) is hidden in the shrubs in the lower right corner.


2. The letter "F" is hidden on the right side of the Qiantang River Bridgehead.


3. The character "古" (gǔ, ancient) is hidden below the Liuhe Pagoda.
Covert Features (Back) The main image on the back is a geometric floral pattern, also with anti-counterfeiting features. A subtle "star" or "1" mark can usually be found in the lower right corner of the central floral pattern within the circular frame.
Prefix and Serial Number Uses a three-prefix, eight-digit format, with numbers mostly in red. Genuine serial numbers will have natural ink squeeze marks (i.e., "intaglio feel") at the edges of the characters. Counterfeit notes are often flat-printed and lack this tactile quality.

(Note: Specific covert feature distribution may vary slightly across different batches. The final value requires an in-person assessment by the professional appraisers at [Hong Kong Numismatic])

Key Factors Affecting the Buyback Price of First Series Renminbi

Many customers often ask, "How much is my old banknote worth?" In addition to the rarity of the series itself, the condition grading of old banknotes is the most crucial standard in determining the final acquisition price:

  • Uncirculated (Grade 10): Clean note, sharp corners, no folds, no washing, no fading. This condition is extremely rare in the market, and the highest prices for old banknotes are typically offered for such items.

  • Extremely Fine (Grade 9 to 8): Shows slight signs of circulation, possibly 1-2 very light soft folds, but edges are intact, with no obvious dirt or tears. Still possesses high collection and investment value.

  • Medium to Low Grade (Grade 7 and below): Exhibits obvious folds, worn edges, small nicks, or slight mildew. While the price will be discounted, if it's genuine, [Hong Kong Numismatic] still offers high-price old banknote recycling services in Hong Kong.

[Hong Kong Numismatic] Transparent and Secure Old Banknote Acquisition Process

We understand the safety concerns when selling valuable collectibles, which is why we have designed the most reassuring standard process for on-site old banknote acquisition in Hong Kong:

  1. Online Preliminary Valuation: Send high-definition front and back photos of your "1949 One Thousand Yuan Qiantang River Bridge" or other old RMB banknotes via WhatsApp. Our experts will provide a preliminary market reference quotation.

  2. Schedule On-site or In-store Appointment: After confirming preliminary interest, you can schedule our free door-to-door banknote appraisal service, which covers all of Hong Kong, or visit our physical store in Hong Kong. The process is completely confidential.

  3. Professional Physical Inspection: Our senior appraisers will use professional instruments (such as high-magnification magnifying glasses, UV lights) to conduct a final confirmation of the banknote's paper quality, covert features, and condition.