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Sunday, March 13, 2011

The fifth edition of RMB will shine in the collection areas

    To meet the economic development and market requirements of the circulation of money, October 1, 1999, in occasion of the 50th anniversary of founding of the PRC, the People's Bank of China would be released fifth set of RMB (1999 Edition). RMB is the fifth set of collective leadership with Jiang Zemin at the core of the issue during the administration, he embodied the third generation of collective leadership of the governing philosophy.

    Fifth set of a total of RMB 1 yuan, 5 yuan, 10 yuan, 20 yuan, 50 yuan, 100 yuan in six denominations. Fifth set of RMB circulation in accordance with market needs, an increase of 20 yuan denomination, the abolition of the 2 yuan denomination, the denomination structure is more reasonable.

    Fifth set of RMB inherited the tradition of the Chinese printing technology experience, learn from advanced foreign banknote design technology, security features and adapt to deal with the modernization of the currency have been greatly improved. The front of the denomination are used early days of Chairman Mao Zedong's head substrates using well-known Chinese floral patterns, landscape patterns on the back of the main representative of the apartment by selecting a pattern of ethnic characteristics, and fully demonstrated China's long history and magnificent mountains and rivers and promote the great culture of China.

    August 31, 2005, the People's Bank of China issued the 2005 edition fifth set of RMB, the main pattern consistent with the 1999 version, but the dimmer number, denomination watermark position adjustment, increase the gravure touch line, anti-copy mark, the back of the denomination numbers suffix "YUAN" and so on.

    Fifth set of RMB to take "a publication, sub-sub-issue" approach. October 1, 1999, the first 100-dollar notes issued; October 16, 2000 issued a 20-dollar notes, 1 dollar and 1 jiao coins; September 1, 2001, issue of 50 yuan, 10 yuan banknotes; 2002 on November 18, issue 5 dollar notes, 5 angle coins; July 30, 2004, issue of 1 dollar notes. Fifth set of RMB to improve the printing process and the level of anti-counterfeiting technology, approved by the State Council, People's Bank of China in August 31, 2005 issue of the fifth set of the 2005 edition of RMB 100 yuan, 50 yuan, 20 yuan, 10 yuan, 5 yuan stainless steel angle of bank notes and coins in 1.

    99 different version and 05 version (1999 version and 2005 version), 99 version and 05 version of the renminbi, we can see the difference, one, two, four-point process of change, improvement and replacement of material, the third point is the content layout change, that is, the back of the main landscape patterns in the notes below the denomination figures behind the increase in the RMB unit Pinyin "YUAN", reign title to read "2005." Chairman Mao buttons from the "two" to stitch the word "x" stitch. If the 1999 version simply because of the fifth set of RMB machine-readable and security technology innovation and improvement, and in such a short period of time to change the renminbi, had to engender the need to question, after all, that would cause great the cost of waste. According to analysis, the highest number for completion of the re-launch of RMB 2005 version of the reasons for release are not established, in addition to the modified one yuan coupons, coupon face value of five yuan lowest paid in kind type of crown No. 107 species, the minimum is 50 yuan tickets for the 78 species, while the running time of the earliest crown voucher No. 100 yuan up to 402 kinds of in-kind. Unless the unexpected happens, otherwise there is no reason to put low value Quanzhong less than the highest number of high denomination Quanzhong phenomenon. Excluding the above reasons, we Spokesman from the central bank's third point analysis, then the reason is obvious, because the third point is there a change in layout design.

    Version 99 version and 05 for the fifth set of RMB but with essentially different! 99 and 5 years India has been stopped, although occasionally can see sheets of 99 and half notes, it is number one demolished after the bundle of notes to pick the leopards into the circulation results. In fact, like the Fourth Edition of 99 Edition and gradually into the collection areas.

    When you see 99 and 99 fry up version of someone shouted there is a policy risk, Do not you see 8001's Triple Crown is now 40% premium over it? Fry 8001's Triple Crown is no policy risk it? Do not you see 8001 second highest premium of 300% or more have it? 8001 fry the second highest risk there is no policy yet? Do not you see the market when the business to check the time, all four versions are in the counter disappeared without a trace it? So shouted collection of investment risk 99 and the reference to a policy level seems ridiculous! After 2000, the 8001 is the second version of the crown and 99 can not be compared! 99 and issued only a short time! 99 version version is not only a big mistake! And the 99 version or the past, a lot of people play the numbers lead to demolition of the existing large amount of land tied to reduce the variety! ! ! And 99 and there are many mysteries we need to explore! ! ! I was in the "99 and the preliminary views of money to explore the king," an article said, "When the coin business and the majority of fans money and effort to gradually shift to 99 and 99, it is the spring version of the time, that ushered in flowers are blooming The bright spring!!! 99 and like a bright star in the field in the collection shine!!! "

    I note the past three editions of the portfolio is 30%, 60% Fourth Edition, 99 and 10%, over time I will advance with the times; I believe that in time, those who shouted 99 edition collection of investment people at risk of a policy will be 99 versions of lovers! Those who resist making 99 version and 99 version will become attached. Let us wait and see.

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