Description
🇨🇳 China – 0.50 Fen Foreign Exchange Certificate
Issuing Authority: People's Bank of China
Denomination: 0.50 Fen (½ Fen)
Year: 1979
Series Type: Foreign Exchange Certificate (FEC) – often called “Bonds”
Pick Number: FX2a
Serial Number: ZH 500251 (as shown on the holder)
🎨 Design & Features
Front Design: View of the Temple of Heaven (Beijing)
Language: Chinese
Color Scheme: Blue-green with multicolor guilloché patterns
Text Meaning:
“外汇兑换券” = Foreign Exchange Certificate
“伍角” = Five Jiao (½ Yuan equivalent within the FEC system)
📜 Historical Context
These certificates were not regular circulating money.
Issued for foreign visitors, diplomats, and overseas Chinese.
Used in special stores to buy goods unavailable with normal Renminbi.
Withdrawn from use in the mid-1990s.
🏷️ Grading Information
Grading Company: DIM Currency
Grade: Choice Extremely Fine (XF 45)
Year on Holder: 2024
Condition Notes: Light handling, strong paper integrity, clear design.
💡 Collector Notes
Early-issue FECs (1970s–1980s) are popular with world-banknote collectors.
Higher grades and low denominations like this ½ Fen are scarcer than they appear.
Value depends on grade, serial interest, and market demand.