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First Series Renminbi: High Price Paid for 1949 20 Yuan Liuhe Pagoda | Hongkang Merchants

First Series Renminbi: High Price Paid for 1949 20 Yuan Liuhe Pagoda | Hongkang Merchants

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First Series Renminbi 20 Yuan Six Harmonies Pagoda (1949 Edition): Investment Value and Authentication Points

For collectors of the highly representative "20 Yuan Six Harmonies Pagoda" from the First Series Renminbi (1948-1955), in addition to price, the condition grade and authenticity of the banknote are of utmost concern. Below is a compilation of frequently used information and a simple breakdown to help you accurately assess the market value of your collection.


Detailed Specifications of the First Series Renminbi 20 Yuan Six Harmonies Pagoda (Brown/Blue)

Feature Dimension Detailed Parameters and Description Impact on Collection Value
Issuance Period July 1949 to May 1955 Scarce in circulation, short circulation period
Banknote Size 121mm x 64mm Size deviation is a basis for determining if it has been trimmed
Serial Number Format Three Roman numerals, seven Arabic numerals Certain special numbers (e.g., consecutive, "leopard" numbers) have higher value
Main Background Pattern Geometric patterns, wave patterns Clarity of patterns reflects printing edition and wear and tear
Anti-counterfeiting Watermark Wavy watermark, English letter watermark (some editions) Key authentication point: Visible when held to strong light
Hidden Marks Character "人" (rén) in the bush on the left front, character "中" (zhōng) below the Six Harmonies Pagoda on the back Hidden key for professional old collectors to identify authenticity

Four Professional Dimensions Determining Buyback Price

Why can the buyback price of the same "Six Harmonies Pagoda" vary several times over? Based on international banknote grading standards (such as PMG), [Hong Kong & Macau Antiques & Collectibles] has compiled the following key factors:

  • Paper crispness and luster: Uncirculated new banknotes (UNC) have original factory luster and are the most valuable; if the paper is soft, fuzzy, and lacks luster, it is classified as medium to low condition.

  • Creases and damage: Cross-creases, torn edges, or even missing corners will significantly reduce collectible value. For buyback, it is advised not to wash or iron them yourself, to avoid damaging the paper fibers.

  • Ink color saturation: The 1949 edition of the Six Harmonies Pagoda comes in "brown" and "blue" versions. Key evaluation points include whether the ink has faded and whether there are mold spots (red or black spots).

  • Market scarcity: Due to the historical context at the time, most of the First Series Renminbi has been recalled and destroyed. Complete sets or high-grade graded banknotes are highly sought after in the auction market.

Door-to-door buyback of First Series Renminbi in Hong Kong | High-price acquisition of 1949 20 Yuan Six Harmonies Pagoda

Looking for a professional and trustworthy old Renminbi buyback service? [Hong Kong & Macau Antiques & Collectibles] specializes in high-price buyback of rare First Series Renminbi, particularly the 1949 edition of the 20 Yuan Six Harmonies Pagoda.

Choose [Hong Kong & Macau Antiques & Collectibles] and you will enjoy the following acquisition services:

  • Professional Door-to-Door Service: We provide convenient door-to-door appraisal and buyback services in Hong Kong, allowing you to complete transactions from the comfort of your home.
  • Accurate Appraisal: Leveraging our extensive experience and market knowledge, our expert team will conduct an accurate value appraisal for your 1949 20 Yuan Six Harmonies Pagoda banknote.
  • High-Price Buyback Commitment: Based on current market conditions and the condition of the banknote, we offer highly competitive prices, ensuring your collection receives a fair market value.
  • Transaction Security Guarantee: We ensure all transaction processes are transparent and fair, strictly protecting your privacy and transaction security.

[Hong Kong & Macau Antiques & Collectibles] is trusted by collectors in Hong Kong for its professionalism and reliability. We particularly value the historical and collectible significance of the 1949 20 Yuan Six Harmonies Pagoda edition and are willing to offer high prices for its buyback.

If you own a First Series Renminbi 1949 20 Yuan Six Harmonies Pagoda or other old Renminbi in Hong Kong and wish to sell it at a high price, please contact [Hong Kong & Macau Antiques & Collectibles]. Let us provide you with clear, efficient, and secure door-to-door buyback service.

Get an instant quote ‧ Free door-to-door service
WhatsApp: 94530784 | Free door-to-door service across Hong Kong and Macau | Cash settlement on the spot


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Common FAQs

How to distinguish genuine banknotes from counterfeit ones?

We check multiple indicators such as serial numbers, watermarks, ink, paper quality, and printing features. We have experience in authenticating the first to third series of RMB and commemorative banknotes, and we provide on-site verification.

First series RMB: How much will the price be affected if a 1949 20-yuan Liuta (Six Harmonies Pagoda) note has creases and soft wrinkles?

It can vary significantly. Uncirculated, crisp first series RMB notes are worth far more than circulated ones; minor creases on common circulating notes are considered normal. We recommend taking clear photos for individual assessment.

If I have a large batch of old banknotes, can you pick them up at my location?

Yes. We offer free home pick-up across Hong Kong. We recommend sorting the banknotes by series, denomination, and year to facilitate a quick assessment by our staff.

Do consecutive serial numbers, uncut sheets, or bundles add value?

Yes. Consecutive serial numbers (two or more consecutive numbers), uncut sheets (100 consecutive notes), and bundles (1000 notes) significantly increase the price, especially for popular denominations like the "Big White Border" and "Herding Horses" from the first series.

How do I get a free valuation from Hong Kong Numismatic Company?

Simply WhatsApp us photos at 9453 0784. For coins, photograph both sides and the edge; for banknotes, include the serial number. We typically respond with a reference price within 10 minutes. We offer free on-site collection services in Hong Kong, Kowloon, New Territories, and Macau, or you can visit our shop for immediate transactions.