1 Jiao Banknote China 1962

The 1 Jiao banknote issued in 1962 forms part of China’s Third Series of Renminbi, a period marked by strong socialist themes and detailed engraved artwork. These banknotes were produced by the People’s Bank of China and circulated during a time of significant political and economic change, making them of particular interest today as historic and legacy Chinese currency.

The design reflects the artistic style of early People’s Republic banknotes, with intricate line work, symmetrical patterns, and strong symbolic imagery. The obverse prominently displays the denomination alongside the national emblem of the People’s Republic of China, surrounded by ornate decorative borders. Multiple scripts were often used on notes of this era to reflect China’s ethnic diversity and national unity.

On the reverse, the 1 Jiao 1962 banknote typically features a scene associated with labour, progress, or collective effort, reinforcing the ideological themes of the time. These designs were intended to celebrate workers, agriculture, and industrial development, which were central to state messaging during the early 1960s.

Although this banknote was once legal tender in China, it has long since been withdrawn from circulation and replaced by later Renminbi series. As a result, it is no longer accepted in everyday transactions or by most banks. However, it can still be exchanged through specialist currency services that handle withdrawn and historic banknotes.

• Indicate the quantity of 1 Chinese Jiao banknotes you want to exchange

• Click the ‘Add to your account’ button

• Your online account now shows the exchange value

If you are looking to exchange older Chinese banknotes, including withdrawn Renminbi issues from the 1950s and 1960s, we offer a secure UK-based service for legacy Chinese currency. These notes often require additional checks due to age and collectability, but they can still be exchanged following assessment.

For higher-value or bulk exchanges, valid identification may be required in order to comply with Anti-Money Laundering Regulations (AMLR).