China 1 Yuan Coin (First Issued 2019)
£0.002000
1 CNY = £0.002000
The 2019 issue of the China 1 Yuan coin represents the latest evolution of the standard Renminbi circulation series. As the base unit of the Chinese currency system, the 1 Yuan coin is widely used in everyday transactions. With a refined design and improved detailing, this version maintains the established visual identity while enhancing clarity and finish. Despite being current, it is not accepted by UK banks and can be exchanged through Webuyallcurrency.com.
Can this 1 Yuan coin be exchanged?
Yes. Even though it remains in active circulation, it cannot be exchanged through UK banking channels but can be processed and converted into a single payment.
Key information
|
Feature |
Detail |
|---|---|
|
Country |
China |
|
Currency |
Renminbi (Yuan) |
|
Denomination |
1 Yuan |
|
First issued |
2019 (updated design) |
|
Composition |
Nickel-plated steel |
|
Status |
Current issue not accepted by UK banks |
About the China 1 Yuan Coin (2019 Issue)
This coin features a silver-toned finish with a slightly brighter, more reflective surface compared to earlier issues. The design is defined by strong central elements supported by clean typography and a structured border.
Obverse (Front)
The obverse displays a detailed chrysanthemum flower, positioned centrally and filling most of the coin’s field. The flower is depicted in full bloom, with multiple layers of petals radiating outward from a dense central core.
Each petal is finely engraved, with narrow, elongated shapes that curve slightly at the tips. The layering of the petals creates a sense of depth, with inner petals appearing more compact and outer petals spreading more widely.
Below the flower, a pair of leaves extends outward from the stem. These leaves are broader and flatter, with engraved veins running through them, providing contrast to the finer petal detailing.
Encircling the upper edge is the inscription “ZHONGGUO RENMIN YINHANG,” identifying the People’s Bank of China. The lettering follows the curvature of the coin and is evenly spaced, with clean, well-defined edges.
The background remains smooth, allowing the intricate floral engraving to stand out clearly.
Reverse
The reverse is dominated by a large numeral “1,” positioned centrally and occupying most of the inner field. The numeral is vertically aligned and filled with closely spaced horizontal lines, giving it a textured appearance.
To the right of the numeral, the Chinese character “元” is engraved, indicating the yuan denomination. To the left, the Latin text “YI YUAN” appears in smaller uppercase letters.
Around the upper edge, Chinese characters spelling “中国人民银行” follow the curvature of the coin, mirroring the inscription on the obverse.
A dotted border runs around the inner rim, forming a ring of small raised points that frame the central design and add tactile definition.
At the bottom, the year “2019” is engraved, centred and aligned horizontally.
The overall layout is highly structured, with the bold numeral balanced by smaller text elements and the surrounding border.
Why coins like this are not accepted by banks
Foreign coins, even those still in circulation, are not processed by UK banks due to handling costs and logistical complexity.
How your Chinese 1 Yuan coins are valued
We apply a fixed pricing structure, allowing you to see the value instantly before sending your coins.
How to exchange your coins
- Enter the quantity of 1 Yuan coins you have
- Add them to your account
- View your total exchange value immediately
You can then complete your submission.
Where these coins are typically found
These coins are commonly brought back from travel, used in everyday transactions, or stored as part of mixed foreign currency holdings.
Do you accept other Chinese coins
Yes, we accept a wide range of Chinese coins and banknotes. Multiple denominations can be submitted together.
FAQ: China 1 Yuan Coin (2019)
Can I exchange China 1 Yuan coins in the UK
Yes, they can be exchanged through specialist services even though banks do not accept them.
Is this coin still in circulation
Yes, it remains a current denomination in China.
Why won’t banks accept this coin
Banks do not process foreign coins due to handling costs and logistics.
How do I find out what it’s worth
You can see the value instantly by adding it to your account.
Can I send this with other currencies
Yes, you can include it alongside other coins and banknotes.
How long does payment take
Payment is typically made within 5 working days after processing.
What is the safest way to send coins
We recommend using a tracked and insured postal service such as Royal Mail Special Delivery.
Turn everyday currency into a single payment
If you have China 1 Yuan coins, Webuyallcurrency.com provides a simple way to exchange foreign coins and convert them into a single usable payment rather than leaving them unused.
Fast turnaround
We send your money within 5 working days of receiving your currency.
We’ll send your money by bank transfer, PayPal or cheque. You can also donate your exchange to a charity of your choice.
Easy and convenient
Get paid quickly
After counting your leftover coins and banknotes we’ll pay you within 5 working days. Get your payment quickly via PayPal or bank transfer.
No hidden charges
We don’t have any hidden charges, you will see our rates before you send any notes or coins. You receive the full value of the calculated exchange.
Get rid of currency that’s no longer in circulation
We also exchange discontinued foreign money. You can cash in all pre-euro currency as well as most obsolete currencies from outside the Eurozone.
Benefit from the best exchange rates online
Exchange rates change daily, that’s why we stay on top of the rate fluctuations so we can offer you the best rates for foreign money.
Happiness guarantee
We check your foreign currency and produce a formal quote, if you’re not happy we guarantee to send your currency back to you, absolutely free of charge.
Help out a charity with your exchange
We partner with many of the UK’s amazing charities. If you’d like to turn your old foreign money into a charitable donation, we can help.