chinese money??? | FerrariChat

chinese money???

Discussion in 'Asia' started by Asian1118, Apr 25, 2008.

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  1. Asian1118

    Asian1118 F1 Rookie

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    Last edited by a moderator: Sep 7, 2017
    Asian1118, Apr 25, 2008
    #1
  2. lor2435

    lor2435 Formula 3

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    that is definitely Chinese, but it is not current. A closeup shot of the smaller characters might help figure things out!!
     
    lor2435, Apr 25, 2008
    #2
  3. SonomaRik

    SonomaRik F1 Veteran

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    That is a Chinese 500 yuan from about the 20-30's or maybe just prior to WWII, if I remember. I have some similar to this in a cobolt blue. Looking at the Characters it was issued by the Chinese central bank [BCA]. But my Mandarin is rusty.

    Rik
     
    SonomaRik, Apr 25, 2008
    #3
  4. 328gtsfan

    328gtsfan Formula Junior

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    328gtsfan, Apr 25, 2008
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  5. 328gtsfan

    328gtsfan Formula Junior

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    btw.. was this for payment? :)
     
    328gtsfan, Apr 25, 2008
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  6. Asian1118

    Asian1118 F1 Rookie

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    no we had a thing at work for someones anniversary and the luck money was this, but no one knew what it was.

    Thats really close except for the guy. Ill try to get a better shot on Monday these ones were from my phone.
     
    Asian1118, Apr 26, 2008
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  7. Sega355

    Sega355 Formula Junior

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    I doubt that is Chinese 500bill. Even today, the largest bill in China is 100yuen and bigger size than that.
     
    Sega355, Apr 26, 2008
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  8. mahwon

    mahwon Formula Junior

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    dood that bill is not from nowaday.
     
    mahwon, Apr 26, 2008
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  9. Sega355

    Sega355 Formula Junior

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    If you didn't catch my point...$500 is a lot of money. If that is from the 20-30's that is equal to US$one million in today's money. You think they print in that smalll bill? Honestly, I don't think that is Chinese money just by the $500.

    I don't know. It will be best to search for really what that is. Rather than just translate the Chinese characters on a print note. Just because it has something saying is "China", doesn't mean it is Chinese money. That note has no date, no signatures saying it is a legal tender. People in the old days rather accept in real gold and real silver.
     
    Sega355, Apr 26, 2008
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  10. ylshih

    ylshih Shogun Assassin Honorary Owner

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    I think likely less than 0.001 Yuan ($500/500,000). Some history on Chinese Hyper-inflation...

    http://www.marketoracle.co.uk/Article1068.html
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    Last edited by a moderator: Sep 7, 2017
    ylshih, Apr 26, 2008
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  11. Asian1118

    Asian1118 F1 Rookie

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    I should note that the bill is torn in half so collectible value it out the window, I'm more curious to know what it is.
     
    Asian1118, Apr 26, 2008
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  12. Sega355

    Sega355 Formula Junior

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    If you can zoom into the bottom of the 1st picture. Those tiny words on the bottom might help identify what it is.
     
    Sega355, Apr 26, 2008
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  13. Asian1118

    Asian1118 F1 Rookie

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    ok Ill get some pics up on Monday
     
    Asian1118, Apr 27, 2008
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  14. Asian1118

    Asian1118 F1 Rookie

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    Asian1118, Apr 28, 2008
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  15. SonomaRik

    SonomaRik F1 Veteran

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    What that is saying is issued from the Band Central of China from BaKing, or peiking as Westerners like to say.

    $500 yuan was dribble in terms of US currency. I have stamps overlaid from that era, since I lived over there during the 60's, that show 5,000,000 on top of a simple .02 cent US stamp: Inflation was like in Germany after the war...HORRIBLE, you could take carts of money to buy a simple bowl of rice.

    That is old money, not woth much than to a collector, but actually is more fun to buy as much as you can and replace your Monopoly money with it for a kick...
     
    SonomaRik, Apr 28, 2008
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  16. Asian1118

    Asian1118 F1 Rookie

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    Thanks allot for the info. thats insane to think 5M = .02.
     
    Asian1118, Apr 28, 2008
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  17. sport23b

    sport23b Rookie

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    Just a note; the picture of the building is the Temple of Heaven in Beijing/Peking.
     
    sport23b, Apr 28, 2008
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  18. SonomaRik

    SonomaRik F1 Veteran

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    PS: Oh, yes, and that 'guy' is Confucius
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    Last edited by a moderator: Sep 7, 2017
    SonomaRik, Apr 28, 2008
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