2 Yuan

Third Series Renminbi 2 Yuan Banknote (Reverse)

People's Republic of China · 1962

The reverse of a green-colored banknote featuring a large numeral '2' centered within an ornate floral pattern. It includes the National Emblem of the PRC on the right and text in Pinyin, Mongolian, Tibetan, Uyghur, and Zhuang languages.

Country: People's Republic of China
Year: 1962
Denomination: 2 Yuan
Metal: Paper

This report is AI-generated and can be wrong. Always verify grade, authenticity, and value with a qualified dealer or certified grading service before buying, selling, or insuring.

Identified March 29, 2026More people's republic of china coins →

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Overview

Historical significance

Part of the Third Series Renminbi introduced during a period of economic transition in China. The 1962 2 Yuan note is famous among collectors as the 'Lathe Worker' note (due to the obverse design) and stands as a symbol of China's industrialization efforts during the Mao era.

Estimated value

$200 - $400 USD (Highly dependent on condition/grading; uncirculated specimens can exceed $1,000 USD)

Care & preservation

Keep in a PVC-free plastic sleeve to prevent environmental damage. Avoid folding, direct sunlight, or moisture. Do not attempt to clean or iron the paper as this destroys collector value.

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