1 Fen China Military Payment Certificate (1965)

The 1 Fen China Military Payment Certificate issued in 1965 forms part of a special series of notes produced specifically for use by the Chinese military. These certificates were not intended for general public circulation and were instead issued to service personnel as an internal means of payment, making them a distinct and historically important category within Chinese currency.

Military Payment Certificates were introduced to control monetary circulation within military environments and to separate civilian and military economies. As a result, these notes were restricted in use, clearly marked for internal purposes only, and were not legally spendable in public markets. Today, this limited circulation contributes to their collectability and specialist status.

The obverse of the 1 Fen note features ornate decorative framing with the denomination clearly displayed in Chinese characters, along with numerical “0.01” markings. The design is symmetrical and formal, reflecting the official nature of the certificate. Fine line engraving and muted colour tones were used to discourage counterfeiting while maintaining consistency across the military series.

On the reverse, the banknote depicts an aircraft in flight, symbolising military logistics, mobility, and modernisation during the mid-20th century. The imagery aligns with the broader themes seen across Chinese military-issued notes of the era, which often highlighted industry, transport, and national capability. Additional text confirms the note’s military-only usage and the year of issue, 1965.

This 1 Fen Military Payment Certificate is no longer valid as currency and is considered fully withdrawn. While small in denomination, it represents an important chapter in China’s monetary and military history and is now primarily encountered through collectors, estates, and historic holdings.

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If you are looking to exchange withdrawn or specialist Chinese banknotes, including military-issued certificates, we provide a secure UK-based service for historical and legacy currency. Many banks no longer accept these notes due to their restricted origins and withdrawn status, but we regularly handle them for individuals, charities, and organisations.

For higher-value or specialist submissions, valid identification may be required in line with Anti-Money Laundering Regulations.