The People's Bank of China
issued New Renminbi at the rate of $1 to $10000 of Old Renminbi on 1st
March 1955. The New Renminbi valued at 1 Fen, 2 Fen, 5 Fen, 1 Jiao, 2
Jiao, 5 Jiao, 1 Yuan, 2 Yuan, 3 Yuan, 5 Yuan and 10 Yuan. The
denominations of 1 Fen, 2 Fen and 5 Fen are aluminum coins. Most of these
aluminum coins are common coins
For the recent years, thousands of Chinese have joined the coin
collecting ranks, creating a very strong demand for all coins (mainly
Chinese coins) that drives prices up dramatically. (especially in Mainland
China and Hong Kong) As we know that condition and date mint mark are
the core factors of a coin's value. So that the particular coin is more
valuable than a common date one in the same condition. Collecting is my
hobby not my investment, but I think the collectors of Renminbi still
interest to know the Key Dates of these aluminum coins. I post here with
the Key Dates of them, though I really don't know their monetary value. I
hope this would be a little bit help for those who take this hobby as an
investment. |