Overview
Issued by the People’s Bank of China, this small-format 1 Fen note is part of the iconic second series of the Renminbi. While it bears the date 1953, notes with Roman numeral serials only (no Arabic numbers) were printed starting in 1981 to address a coin shortage.

Key Features & Details:
Country: China (People’s Republic of China)

Denomination: 1 Fen (0.01 Yuan)

Material: Paper

Condition: Uncirculated (UNC) – Crisp paper, clean edges, and distinct brown printing.

Obverse (Front): Engraving of a Jiefang CA-10 truck (China’s first mass-produced commercial vehicle) driving through a landscape, Chinese text “People’s Bank of China,” denomination “One Fen,” and Roman numeral serial prefix IX IV.

Reverse (Back): The National Emblem of the PRC (Tiananmen Gate under five stars, framed by sheaves of wheat and a cogwheel), the date 1953 at the bottom, and the denomination written in traditional Uyghur, Tibetan, and Mongolian scripts.

Serial Number: IX IV (Exact note shown in photos will be delivered)

Collector Value:
A fascinating piece of early Communist Chinese numismatic history, representing the industrialization era of the early PRC.