Have you seen the RMB with a face value of 50000? What's the maximum face value of RMB?
To say that China's largest denomination of RMB, you must say one hundred. In fact, since the founding of the people's Republic of China, 100 yuan is not the largest amount. Today's denomination of 50000 yuan appears, stunned netizens. Before introducing the largest denomination of RMB, let's take a look at the anecdotes about the largest denomination of paper money!
In the history of mankind, the paper money with the largest face value appeared in Hungary. Zimbabwe's largest paper currency is less than 100 trillion yuan, Hungary's largest paper currency is the 21st power of 10, while the largest paper currency in the RMB is 50000 yuan.
According to the Chutian Metropolis Daily, an old RMB collector in Shiyan, Hubei Province, collected a wrong version of RMB, with a valuation of up to 1 million yuan. All of a sudden, people became interested in the collection of money.
△ large note issued by Zimbabwe in 2009
Speaking of the largest denomination of banknotes in the history of the world in that country, you are sure to say that it is Zimbabwe, but you are wrong! Due to domestic problems, prices in Zimbabwe skyrocketed and currency devaluation led to the shortage of banknotes in circulation in the market. On January 16, 2009, it was reported that the Reserve Bank of Zimbabwe issued a set of new banknotes with the largest denomination in the world, including 100000 new banknotes with a denomination of more than one trillion There are four kinds of trillion yuan: billion yuan, 20 trillion yuan, 50 trillion yuan and 100 trillion yuan. That is to say, Zimbabwe's largest paper currency is 100 trillion yuan.
△ paper money of the 21st power with a face value of 10 in Hungary
But the biggest paper currency in human history is in Hungary. During the Second World War, Hungary's economy was severely damaged, and its currency, Pago, depreciated rapidly. Hungary's largest denomination is the 21st power of 10, that is, there are 21 zeros behind 1, so many zeros are dizzy. Although this denomination is printed, it has not been issued.
And the largest denomination in the issue of currency is the 20th power of 10, which has become the highest denomination in human history. But such an amazing denomination is only about 20 cents for us dollars.
△ figure is part of the first set of RMB.
The first set of RMB began to be issued on December 1, 1948 and ceased to be used on May 10, 1955. There are 12 types and 62 types of Editions: 1 yuan, 5 yuan, 10 yuan, 20 yuan, 50 yuan, 100 yuan, 200 yuan, 500 yuan, 1000 yuan, 5000 yuan, 10000 yuan, 50000 yuan. So far, we can say that the largest denomination of RMB is 50000 yuan.
△ figure is the printing process of new version RMB!
Because of the backward printing technology, the poor quality of the printed paper and the weak collection awareness of people at that time, the first set of RMB was rarely handed down.
Because of the special environment of the first set of RMB issuance, the value of the first set of RMB is very high.
△ 50000 yuan xinhuamen
There are two kinds of banknotes with a face value of 50000 yuan, one with a front design of xinhuamen and the other with a harvester, so they are generally called '50000 yuan harvester' and '50000 yuan xinhuamen'. Wu Wanyuan xinhuamen was printed by Beijing banknote printing factory in 1950, and issued in 1953. The circulation time is only one year and three months, and the amount of deposit is very rare.
Xinhuamen, printed on 50000 yuan, was originally the 'Baoyue building' built during the Qianlong period of the Qing Dynasty. It is a two-story open-air building with classical style. In front of the building, there are three horizontal plaques with the characters of "xinhuamen" in regular script and gold characters in shiqingdi. It is the inscription of Yuan Lizhong, a calligrapher and painter at the end of the Qing Dynasty and the beginning of the Republic of China.
△ 50000 yuan harvester
The '50000 yuan harvester' is printed by Shanghai banknote printing factory. It was also printed in 1950 and issued in 1953. The circulation time is only one year and four months. The conversion ratio of the first set of RMB and the current RMB is 10000:1, that is, 50000 yuan at that time is equivalent to our current 5 yuan, which at that time is equivalent to the living expenses of a family for half a month.
Due to the small amount of money, the collection price of these two large currencies is relatively high.
When the first set of RMB was issued, there was no reserve, it was not linked to gold and silver, nor to the US dollar and pound. It was an independent monetary system, which had real benefits for the people and established a self-contained economic system.
It can be said that the first set of RMB made a great contribution to the stability of China's economy in the early days of the founding of the people's Republic of China. Over time, the value of these large notes and the first set of RMB will become more and more obvious.