N° 55 | China 500 Yuan 1949 PMG 20 Very Fine

55 - China 500 Yuan 1949 PMG 20 Very Fine
55 - China 500 Yuan 1949 PMG 20 Very Fine
55 - China 500 Yuan 1949 PMG 20 Very Fine55 - China 500 Yuan 1949 PMG 20 Very Fine

Description

P# 846a, N# 234390; # III IV II 02479064

GPT Description

The China 500 Yuan 1949 banknote is a fascinating piece of history from the country of China. Issued in 1949, this particular banknote holds a denomination of 500 Yuan and is graded by PMG as 20 Very Fine. It is cataloged as P# 846a, with the serial number N# 234390 and the plate number # III IV II 02479064. In 1949, China was undergoing significant political and social changes. This was the year when the People's Republic of China was officially established, marking the end of the Chinese Civil War and the victory of the Communist Party under the leadership of Mao Zedong. The issuance of new currency, like the 500 Yuan banknote, was a reflection of the country's transition to a new era. The imagery and design of the banknote likely symbolize the ideals and aspirations of the new government at the time, showcasing elements of Chinese culture and history. Collecting and studying banknotes from this period can provide valuable insights into the political and economic landscape of post-revolutionary China. Overall, the China 500 Yuan 1949 banknote is not just a monetary artifact but also a historical document that encapsulates the spirit of a transformative period in Chinese history.
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