bifrost Posted November 13, 2006 Report Share Posted November 13, 2006 I have recently come back from a trip to China. In a ATM machine in the city of Jinan, Shangdong province I got a 100 yuan 1999 banknote with an interesting serial. It is ZZ 00079890. I am wondering if this is a replacement banknote? Hope for any response. // Joakim Link to comment Share on other sites More sharing options...
gxseries Posted November 13, 2006 Report Share Posted November 13, 2006 Possible but I somewhat doubt it. Since China prints an awful amount of bills and the exchange rate of 100 yuan is like 15USD-20USD (?), think about how much bills are needed, including replacing them overtime. Link to comment Share on other sites More sharing options...
Scottishmoney Posted November 13, 2006 Report Share Posted November 13, 2006 The 100 Yuan note is the largest denomination printed in China currently. When I was there a few months ago the exchange rate would be about $12.00 for that note. Needless to say you carried lots of them or exchanged dollars for them often. Link to comment Share on other sites More sharing options...
Brett Posted November 13, 2006 Report Share Posted November 13, 2006 The ZZ prefix on Chinese banknotes is for a replacement note. On the 100 Yuan polymer note was an " I " for a replacement Link to comment Share on other sites More sharing options...
bifrost Posted November 14, 2006 Author Report Share Posted November 14, 2006 Thanks for the input! This is my first replacement banknote I have got as change. Strange that it would be coming from China and not Sweden where I live (in Sweden replacement banknotes have a star in the serial numbers)! Link to comment Share on other sites More sharing options...
see323 Posted November 14, 2006 Report Share Posted November 14, 2006 Thanks for the input! This is my first replacement banknote I have got as change. Strange that it would be coming from China and not Sweden where I live (in Sweden replacement banknotes have a star in the serial numbers)! Congratulation on your first replacement note. My ATM experience was when I got the whole lot of 20 pieces of Singapore $50 Bird Series. Naturally, I was very happy. I sold all of them away for a marginal profit. That was many years ago. Traditionally, banknotes printed under the Thomas De La Rue printer uses Z as a replacement. Earlier notes from Singapore, Malaysia, Hong Kong and many Commonwealth countries uses Z as a replacement. It can be in various format of prefixes ZZ Z/1, 1ZZ etc. Some even use a combination of both ZZ and asterick. Link to comment Share on other sites More sharing options...
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