Who can a currency be called 'old'?
Government: Hey guys lets issue our new currency 'old yuan'!
Sounds like a retrospect name. Just drop the old.
P.S. shouldn't the currency be called just Renmimbi (people's currency)? Yuan is just the basic unit but I don't know any other currency where the main unit is not part of the name.
Can I suggest that the present PRC currency be called the "Second Rénmínbì" and the 1948-1955 currency be called the "First Rénmínbì"? Alternatively, we could have "Rénmínbì (1948-1955)" and "Rénmínbì (1955-present)". The term "old" should definitely be avoided.
Former Numista referee for banknotes from Ireland, Northern Ireland, Scotland, Wales and Saint Helena.
Thank you for that. Could you also add the first rénmínbì to the Republic of China? It's needed for the early issues of the People's Bank of China before the start of the People's Republic. Sorry not to have thought of this earlier.
Former Numista referee for banknotes from Ireland, Northern Ireland, Scotland, Wales and Saint Helena.