Rare and Wrong Edition Collected by the Elderly: RMB Market Valuation in 50 yuan: 500,000 (Figure)

Rare and Wrong Edition Collected by the Elderly: RMB Market Valuation in 50 yuan: 500,000 (Figure)

  


  defective rmb


  Rare wrong edition! 50 yuan RMB Watermark Inversion


  After 15 years of collection by an old man in Lanzhou, this newspaper publicly displayed it for the first time. Experts said that its market valuation was 500,000 yuan.


  The old man Zhu Canxiang of Lanzhou has a distinctive RMB in his hand. This 1990 version of 50 yuan RMB looks normal, but after careful identification, it will be found that the watermark of Chairman Mao on the front of the RMB is upside down. After identification by many bank staff, it is indeed a genuine RMB, but it is also a rare wrong version of RMB.


  50 yuan RMB watermark is printed upside down.


  In the early morning of December 3rd, the old man Zhu Canxiang, who lives in Heping New Village, Lanzhou City, came to our newspaper and showed the reporter a RMB numbered GS8790902 with a face value of 50 yuan that he had treasured for 15 years.


  Although the 1990 version of RMB is rare in the market, it is not a rare thing to meet it. However, this piece of RMB in 50 yuan has kept Zhu Canxiang as a treasure for 15 years, and there must be something special about it. However, Zhu Canxiang, an old man, is not in a hurry to tell reporters the "mystery".


  After careful identification by the reporter, it was found that this 1990 edition of 50 yuan RMB numbered GS8790902, like other versions with the same face value, has the heads of workers, peasants and intellectuals on the front and the Hukou Waterfall of the Yellow River on the back, but the difference is that the head of Chairman Mao is inverted like a watermark, and its position is higher than that of normal coins. The watermark of this coin is so different from the normal coin. Is it a counterfeit coin? However, Zhu Canxiang told reporters that no matter which bank he checks this banknote, the same result will appear: it is a real coin.


  Verify that it is the wrong version of RMB.


  In order to confirm the authenticity of this coin, the reporter and Zhu Canxiang first came to the business hall of Gansu Branch of Industrial and Commercial Bank of China that morning. After shaking out of thin air and flicking the face, the bank staff repeatedly put the coin into the money detector for verification, and confirmed to us that this coin is genuine. Subsequently, the reporter and Zhu Canxiang came to China Construction Bank, China Merchants Bank, commercial banks and other banks to verify this banknote. The results are the same, and the money is real!


  In this regard, the bank staff told the reporter that this may be the wrong version of RMB. Since the coins have to go through seven strict checkpoints before leaving the factory, the probability of making mistakes is between one in a million and one in a million. Most of them are missing printing, white folding, corner folding, displacement, offset printing, dislocation, watermark inversion, watermark deviation, and so on. However, there are very few wrong version coins like this 50 yuan watermark inversion held by Zhu Canxiang.


  A wrong coin has been treasured for 15 years


  Where did this wrong coin come from? The old man Zhu Canxiang told reporters that this had to start from 1992.


  At that time, Zhu Canxiang was still working in the Red Star Carton Printing Factory in Lanzhou City. At that time, the salary was directly discovered by the unit. Zhu Canxiang was very careful at ordinary times. After paying his salary, Zhu Canxiang verified the authenticity of these coins one by one. As a result, it was found that the 50 yuan RMB watermark numbered GS8790902 was inverted, but the texture and blind spots were normal. It is really hard to say whether it is true or not. I wanted to take it to the bank for verification, but because 50 yuan was not a small number in those days, I was afraid that the bank would confiscate it if it verified that it was counterfeit. So I asked an acquaintance who works in a bank to verify it. As a result, the other party told him that it was real money. At that time, he was dubious, and he went to several banks to verify it, all of which were the same result: this is a real coin.


  The old man Zhu Canxiang said that since then, he has consulted relevant information and found that this is the so-called "wrong version of the coin", but because this kind of wrong version of the coin is rare, it is particularly precious. "Things are rare, and this kind of coin will definitely appreciate." Zhu Canxiang said that not long ago, he went to the Lanzhou ancient coin market and asked some collectors. The market price of the 1990 edition of 50 yuan’s watermark-inverted misprinted coins was estimated to be 500,000 yuan.


  Experts remind you to identify the wrong version and go to the bank.


  It is understood that in recent years, the collection value of RMB sets is getting higher and higher, but for many ordinary collectors, it is not easy to collect a whole set of brand-new RMB with excellent quality. Therefore, many collectors turn to collect wrong coins in order to obtain higher returns.


  At present, the price of the wrong edition coins sold in the market is more than 300 thousand yuan, and the price of the inverted watermark coins is more than 500 thousand yuan. In this regard, experts from the Provincial Collectors Association said that due to the extremely rigorous review procedures of RMB issuance, the probability of wrong coins is not high, and from experience, there are not many real wrong coins on the market.


  According to reports, the wrong coins that have appeared at present generally have watermark inversion, missing printing, white folding, corner folding and displacement. "Although it is normal that the wrong version of the currency is worth more than 100,000 yuan, it is not practical to price it too high. There are also a few lawless elements who use laser processing and other means to forge’ wrong coins’. " To this end, experts remind collectors that it is best to identify the wrong coins in a bank with professional identification standards to prevent being deceived.


  Our reporter Lu Yan


  Related links


  Some wrong versions of RMB in China


  In October 2002, Mr. Ma, who lives in Yinchuan Power Transmission and Transformation Family Hospital, accidentally got a 1990 version of RMB 100 with the number PL33902170. The watermark on it was inverted, but it passed the money detector and was identified as a wrong version of RMB.


  In October, 2007, Mr. Liu, a citizen of Guiyang, collected the wrong version of RMB issued in 100 yuan in 1980. Mr. Liu’s wrong version of the RMB number is CU20361732, and the watermark of Chairman Mao is inverted.


  In September, 2007, Ms. Li, a top student in Yantan, Lanzhou, received a blue 100-yuan RMB in 1990 when collecting money. The security line and watermark pattern of this RMB were upside down. After identification, it is the wrong version of RMB.


  In September 2007, Ms. Cheng from Liaoning received a 1990 version of 50 yuan money, and the pattern on the back shifted up and down, which was extremely uncoordinated. Coincidentally, her neighbor, Sister Liu, also received a coin with a layout value of 100 yuan in 1990, which left a "1" missing and became "00" yuan. After identification, they are all wrong versions of RMB.


  In July, 2007, Mr. Du from Xinxiang, Henan Province showed a wrong edition of RMB with the number XG48242185 in his collection. Watermarks overlapped under the anti-counterfeiting lamp and changed into "10,000" RMB notes. After identification, this 100 yuan RMB is genuine.

Editor: Li Xiuwei

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