Core Insights - The third set of Renminbi holds a unique position in China's currency collection system, being the first fully designed and printed by New China, and it reflects significant economic development from the 1960s to the 1980s [1] - Among the denominations, the one-jiao note is particularly notable, with three main versions: Zao Hong (red), Bei Lv (green), and Bei He (brown), each varying significantly in market value due to factors like issuance time and circulation [1][3] Summary by Category Zao Hong and Bei Lv Versions - Zao Hong one-jiao was issued in 1960 but quickly recalled due to design issues, making it rare and highly valued, with prices ranging from 4,000 to 6,000 yuan for ordinary specimens, and even higher for special versions [3] - Bei Lv one-jiao is also scarce and highly sought after, especially the watermarked version, often referred to as the "one-jiao king," with market prices reaching tens of thousands of yuan [3] Bei He Version - In contrast, Bei He one-jiao has the largest issuance and longest circulation, leading to a lower market price, typically around 10 yuan for common specimens and a few dozen yuan for uncirculated ones [5] - Despite its lower perceived value, Bei He one-jiao has hidden appreciation potential, particularly when considering details like condition, serial numbers, and grading [5] Value Enhancement Factors - Serial numbers significantly influence the value of Bei He one-jiao, with rare numbers like "0000010" increasing its value to 1,680 yuan, showcasing the power of scarcity [6] - Other desirable serial numbers include lucky numbers (e.g., "888," "666"), sequential numbers (e.g., "123456"), and special patterns, which can dramatically increase the market value [6] - The condition and grading of the notes also play a crucial role, with higher grades leading to substantial price increases, especially for uncirculated notes rated above 66 [6] Overall Market Dynamics - The third set of one-jiao notes, despite being a small denomination, has created significant interest in the collection market, with Zao Hong and Bei Lv being high-value "stars," while Bei He serves as a "popular representative" [8] - The true excitement in currency collection lies in discovering hidden values within seemingly ordinary notes, offering both financial appreciation and the thrill of the hunt for collectors [8]