Core Viewpoint - The fourth set of Renminbi holds a unique position in China's contemporary currency issuance history, reflecting the transition from a planned economy to a market economy, and carries significant cultural and collectible value [1][4][7]. Group 1: Historical Context - The planning and design of the fourth set of Renminbi began in the 1960s, with its official issuance starting in April 1987, marking a significant period of economic transformation in China [1]. - The introduction of larger denominations like 50 yuan and 100 yuan was a response to the growing demand for higher-value currency during rapid economic development [1][5]. Group 2: Cultural Significance - The design theme emphasizes "national unity among all ethnic groups" and "China's magnificent landscapes," showcasing diverse ethnic representations and famous scenic spots [4][5]. - The choice of imagery reflects a commitment to ethnic equality and unity, as well as a more open and confident societal spirit post-reform [4]. Group 3: Technological Advancements - The fourth set of Renminbi introduced advanced anti-counterfeiting technologies, including fixed watermarks and magnetic marks, significantly enhancing security features [5]. - The use of high-quality materials and specialized inks improved the durability and tactile experience of the banknotes, marking a modernization in China's currency production [5]. Group 4: Collectible Value - The historical and artistic value of the fourth set of Renminbi has increased since it ceased circulation on May 1, 2018, transforming from a payment tool to a collectible item [7][8]. - The market for these banknotes remains strong, with rarity and completeness of sets being key factors in their valuation, particularly for early editions and special serial numbers [8][10]. Group 5: Market Performance - The demand for the fourth set of Renminbi is driven by its historical significance and aesthetic appeal, with a growing collector base contributing to its long-term appreciation potential [8][10]. - The relationship between supply and demand is crucial, as the number of pristine banknotes decreases over time while the collector community expands, leading to upward price trends [8].

Group 1 - The fourth set of Renminbi (1980-1990) has significant collectible value due to its historical importance and enhanced security features, including fixed portrait watermarks [1][4] - The market for the fourth set of Renminbi has been activated since the People's Bank of China announced its withdrawal from circulation in 2018, leading to increased premium prices for rare notes [1][5] - High-grade notes, such as the 1980 version of the 100 yuan bill rated at 69 points, have become core targets in the collectible market due to their scarcity and market demand [1][4] Group 2 - The rarity of the full set of identical serial number notes is highlighted, with only a few existing globally, making it a highly sought-after collectible [4][9] - The official certification from the People's Bank of China for the full set, limited to 99 units and priced at 98,000 yuan, emphasizes its scarcity and investment potential [4][6] - The collection's value is supported by factors such as the end of circulation, the uniqueness of identical serial numbers, and the historical significance of the notes [4][9] Group 3 - The investment logic for the fourth set of Renminbi is shifting from nostalgia to a focus on tangible asset allocation, as the scarcity and cultural significance of physical currency are amplified in a digital age [9][10] - Short-term catalysts include market speculation and the rising interest in "absolute edition" notes, which are becoming popular among investors [10] - Long-term value is anchored in inflation hedging, cultural heritage, and the potential for high auction prices similar to retired U.S. currency [10]

Historical Background - The issuance of the fourth set of RMB is closely linked to China's economic reforms in the 1980s, reflecting societal development and aesthetic trends [3] - The fourth set was introduced between 1987 and 1997 to meet the growing market demand, featuring multi-ethnic portraits to symbolize national unity [3] - Advanced anti-counterfeiting technologies were employed, including fluorescent and magnetic inks, enhancing the security of the currency [3] Production Process - The production of the same-numbered banknote collection retains the original printing techniques while enhancing artistic and preservation qualities through high-standard binding [6] - The fourth set of RMB was issued in phases from 1987 to 1997, with circulation lasting over 30 years until its withdrawal in 2018 [6] - Same-numbered banknotes are characterized by identical serial numbers across all denominations, making them extremely rare and valuable [6] Cultural Significance - The design of the fourth set of RMB incorporates rich cultural elements, making it a "national emblem" during the early reform period [9] - The banknotes feature intricate printing techniques, including hand-carved intaglio and dual-sided offset printing, enhancing their aesthetic and security [9] - The design reflects the spirit of the 1980s, balancing traditional heritage with a progressive outlook [12] Collectible Value - The rarity, completeness, and authority of the same-numbered banknote collection have made it highly sought after in the collectibles market [11] - The market performance of these collections has been robust, with certain rare combinations seeing significant price increases [13] - The withdrawal from circulation typically leads to a revaluation of the currency, with historical examples indicating strong appreciation potential [13] Conclusion - The same-numbered banknote collection of the fourth set of RMB represents not only a collection of currency but also a condensed historical narrative [15] - As the supply diminishes over time and demand continues to grow, the upward trend in value is anticipated, making it a wise choice for collectors [15]