Note And Coin News

China Celebrates Year of the Dragon

The People’s Bank of China (PBC) has issued a 20 yuan commemorative legal tender banknote to celebrate 2024’s Lunar Year of the Long (Chinese Dragon), which begins on 10 February. 100 million notes have been printed, with purchasers limited to 20 notes each.

The 70 x 145mm note is printed on polymer in gold ink with a reddish tinge, denoting jubilation and auspiciousness. Both sides are printed in a vertical orientation. A large gold, green, and red rampant dragon dominates the front of the note. The numerical denomination is in colour-shifting green ink. The back features a trio of children doing a dragon lantern dance holding traditional lanterns, one of which is dragon shaped.