Core Points - The second set of Renminbi, issued from March 1955 to January 1999, played a crucial role in establishing a modern currency system in China, addressing the monetary chaos of the early years of the People's Republic and reflecting significant historical and cultural values [1][11]. Background of Issuance - The first set of Renminbi had limitations such as large denominations, multiple valuation units, and poor anti-counterfeiting measures, which complicated transactions and financial management [1][2]. - The need for a standardized and stable currency system arose during the 1950s as the national economy began to recover, prompting the People's Bank of China to prepare for the design and issuance of the second set of Renminbi [2]. Currency Composition - The second set of Renminbi consists of 11 denominations and 13 versions, including unique features such as the 3 yuan note, which was printed in the Soviet Union and later became rare due to its limited circulation [5]. - The introduction of coins in December 1957, made from aluminum-magnesium alloy, complemented the paper currency and improved the small transaction process [5]. Design Features - The design of the second set of Renminbi reflects the era's political and cultural significance, featuring images of laborers and symbols of national achievements, which embody the values of the time [8]. - Advanced printing techniques were employed, enhancing the anti-counterfeiting capabilities and showcasing the progress in China's currency printing technology [8]. Historical Impact - The issuance of the second set of Renminbi unified the currency system, simplified transactions, and provided a stable financial environment essential for economic recovery and development [11]. - It played a vital role in supporting industrial and agricultural development during the "First Five-Year Plan" and laid the groundwork for future currency systems in China [11]. Collectible Value - The second set of Renminbi has become a popular collectible due to its historical significance and rarity, particularly the Soviet-printed notes, which are highly valued in the market [13]. - The cultural and historical aspects of the currency make it an important artifact for studying China's history and financial evolution, with prices for complete sets continuing to rise [13].

Core Viewpoint - The "Classic Collection of Rated Renminbi" serves as a unique bridge connecting history, culture, and value, showcasing the stories behind Renminbi and its evolution over time [1][3]. Historical Context - Renminbi, as the legal currency of the People's Republic of China, reflects the economic recovery and development of the nation since the first set was introduced, marking significant historical milestones [3][4]. - The second set of Renminbi was issued on March 1, 1955, to improve the quality of currency and adapt to the growing economy, featuring 11 versions with ethnic scripts [4][8]. Artistic Characteristics - The design of the second set emphasizes political and artistic unity, showcasing national pride and cultural heritage through its aesthetic elements [5][8]. - The color scheme and ink quality were carefully selected to ensure durability and ease of recognition, enhancing the usability of the currency [5][6]. Rating System - The rating of Renminbi is a critical aspect of the collection, providing a transparent and credible value assessment based on various criteria such as condition, rarity, and historical significance [9]. - High-rated Renminbi serves as a reliable asset in the collection market, distinguishing itself from lower-rated counterparts [9]. Collection Culture - The collection itself is a refined container of cultural heritage, designed to protect and showcase the currency while educating collectors about its historical significance [9][11]. - It acts as a bridge for cultural exchange, allowing discussions around the history and value of Renminbi to flourish in public settings [9][11]. Economic and Cultural Significance - The collection of rated Renminbi is expected to appreciate over time due to its historical value and scarcity, making it a unique investment opportunity [11]. - It embodies the soft power of the nation, enhancing national pride and cultural identity while showcasing the depth of Chinese currency culture to the world [11].

Core Viewpoint - The second set of Renminbi (1953-1962) represents a significant milestone in China's monetary history, showcasing unique design aesthetics, advanced printing technology, and deep cultural connotations, making it a highly sought-after collectible [1][13]. Historical Background - The second set of Renminbi was introduced to address the challenges of post-war economic reconstruction and inflation, replacing the first set which was deemed inadequate due to its large denominations and weak anti-counterfeiting features [1][3]. - The issuance of the second set marked the beginning of a more standardized monetary system in China, with a 1:10000 exchange rate against the old currency [1][3]. Design Features - The second set includes 11 denominations, featuring national symbols and themes of socialist construction, such as industrialization and agricultural unity [3][4]. - The design emphasizes the working class, moving away from traditional imperial themes, with notable figures like female tractor drivers and machine workers depicted [4]. Craftsmanship and Technology - The printing technology of the second set achieved several breakthroughs, including the domestic production of certain banknotes due to changing Sino-Soviet relations [6]. - Key printing techniques included intaglio engraving, special paper and ink, and multi-color offset printing, enhancing durability and security features [7]. Cultural Significance - The design incorporates multiple cultural elements, reinforcing national identity and reflecting societal values, such as the transition from traditional to simplified Chinese characters [9]. - The second set serves as a tangible representation of China's self-reliance and social changes during the mid-20th century, functioning as a "miniature national archive" [13]. Collectible Value - The second set of Renminbi is characterized by its scarcity, with fewer than 10,000 pristine sets remaining, leading to significant market value, particularly for rare denominations like the "big black ten" [11]. - The average annual appreciation rate for the second set has been 15%-20% over the past decade, driven by a growing interest in red collectibles and cultural artifacts [11]. - Variations between different print editions and historical significance contribute to its collectible appeal, with certain notes fetching prices exceeding 50,000 yuan [11].