宏康商行
We buy back 1949 Twenty Yuan Blue Six Harmonies Pagoda at high prices | Hongkang Business
We buy back 1949 Twenty Yuan Blue Six Harmonies Pagoda at high prices | Hongkang Business
Reference Guide for the First Series RMB "Twenty Yuan Blue Six Harmonies Pagoda" Banknote from 1949
To help collectors better understand their treasures, we have compiled detailed background information on the 1949 First Series RMB Twenty Yuan Blue Six Harmonies Pagoda banknote. As an important historical artifact from the early days of the People's Republic of China, this banknote holds immense historical research and investment value in both the Chinese old banknote collection market and antique coin auction sector.
| Item | Details |
|---|---|
| Issuance Date | July 1949 |
| Withdrawal Date | May 10, 1955 |
| Denomination & Serial Prefix | Twenty Yuan (20 Yuan) / Three prefixes, seven-digit serial number |
| Front Design & Main Color | Left side features the Six Harmonies Pagoda in Hangzhou, right side features a herd of cattle; overall light blue hue |
| Back Design & Main Color | Geometric floral pattern; blue-black hue |
| Printing Process | Offset three-color printing |
| Variants & Hidden Features | Divided into two types: with background pattern and without. Common hidden marks include a "人" (person) character below the Six Harmonies Pagoda on the front, and a "大" (large) character below the cattle herd (requires professional magnifying glass for authentication). |
| Historical Significance | The First Series RMB was issued during the Liberation War period. It consists of numerous varieties and had a short circulation period, making it a valuable physical historical record for studying the economy and printing technology of the time. |
Pricing Logic for Old Banknote Recycling Value: Condition and Price Relationship
Many customers often ask, "How much is a 1949 20-yuan banknote worth?" In reality, the authentication methods for old banknotes and the final high-price recycling quote depend heavily on the banknote's "condition" (state of preservation). Below are the reference standards used by Hong Kang Commercial Firm's acquisition team for grading old banknotes; the better the condition, the higher the acquisition price for old RMB notes:
| Condition Grade | Description | Collection & Recycling Value Assessment |
|---|---|---|
| Uncirculated (UNC) | Commonly known as "sharp corners," the banknote surface is pristine, with no creases, fading, or washing marks, retaining its original luster. | Extremely High. Scarce in the market, sought after by top collectors, highest recycling price. |
| About Uncirculated (AU) | Only very minor edge wear, or a nearly invisible soft fold. The overall banknote surface is very clean. | High. Has strong preservation and appreciation potential, highly popular in the market. |
| Very Fine (VF) | Shows clear signs of circulation, possibly including several distinct folds and slight edge wear, but the design is clear, with no tears or missing parts. | Medium. A relatively common circulated condition in the market, with stable liquidity value. |
| Fine to Very Good (F to VG) | Experienced long-term circulation, with multiple folds, noticeable stains, fading, and possibly small tears on the edges, but the main body of the banknote remains intact. | Basic. Primarily for filling historical gaps in collections, relatively affordable, still has recycling value. |