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Fake Chinese Banknotes

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Valued Member
United Kingdom
129 Posts
 Posted 06/21/2012  5:48 pm  Show Profile   Bookmark this reply Add xavierz27 to your friends list
Last for today: three fantasy notes, at least one of which has only recently appeared.

First note: what looks like a small commercial or exchange note type, and emblazoned with the Temple of Heaven at Beijing. Other than the 'off' appearance of the Chinese characters, there's not too much to be said for this. It's one of the better attempts perhaps.
Fake-Chinese-Banknotes

Second note: 1931 5 Yuan - appears to be an early communist issue, and borrows the soldier vignette from a genuine note, but is again a fraud. Anything resembling this type of note didn't appear as early as 1931.
Fake-Chinese-Banknotes

The third note is a mix of elements - The Xinluhang Bank never existed and the note is clearly taking the style of late provincial issues. The vignette on the front has been taken from the 1 & 5 cents of the Amoy Industrial Bank and reversed, and the building depicted on the back is the former National Assembly Hall at Nanking (Nanjing), taken from Central Bank of China issues of 1948. And no such note denomination would have been expressed as '100 cts' by 1949.
Fake-Chinese-Banknotes
Valued Member
United Kingdom
129 Posts
 Posted 06/22/2012  10:26 am  Show Profile   Bookmark this reply Add xavierz27 to your friends list
This note is a good example on two fronts. It is a forgery of a 1945 5 Yuan of the Central Bank of China for the North Eastern Provinces (former Manchuria/Manchukuo). The denominations from 1 to 50 Yuan of this series are scarce and inevitably far more expensive than the higher denomination notes, and the original notes lack security features and are not printed to the highest standards of banknote production so make a natural choice for fakery.

So firstly be wary when (if) buying these but secondly this specific fake is a good example of a giveaway sign to look for when buying banknotes, especially on-line. This is the brown stain line which runs at a diagonal across the note, and joins two other diagonal lines which are at right angles to it, at each end. This type of diagonal stain is found on many aged fakes and my guess is that a group of fakes have been left soaking in tea or some similar 'age' staining agent, and one of the other notes has left a slight after image of its outer edge stained on to this.
Fake-Chinese-Banknotes
Valued Member
United Kingdom
129 Posts
 Posted 06/22/2012  10:44 am  Show Profile   Bookmark this reply Add xavierz27 to your friends list
This next example is quite a well known fake/forgery type. The Bureau of Engraving & Printing Peking, produced a series of notes (mostly if not all unissued) depicting Prince Chun and a dragon. Versions of these notes were printed titled for the Bureau itself, the Ta Ching Bank and some type of exchange note. The adapted designs were later reused by the Japanese for the early puppet Federal Reserve Bank of China issues.

There are modern dot matrix printed copies of these notes however the most common examples seem to be of the type below. Poorer quality printing than the original notes, possibly lithograph printing? The examples that I've seen have 'Sight Banknote' on the back, which never appeared on the original notes and may have been placed there to distinguish them. I'm not sure what the origin of these is, they may have been printed as souvenirs and may have some age themselves? There is also the possibility that these fakes have themselves been faked! Some online examples appear suspicously as newly printed copies.

Fake-Chinese-Banknotes

Fake-Chinese-Banknotes
Valued Member
United States
303 Posts
 Posted 06/25/2012  6:44 pm  Show Profile   Bookmark this reply Add hc8604 to your friends list
Hi Xavierz27, great topic on it. I saw one note many years ago on ebay that had some random letters and characters accidentally printed on the fake note. Probably the printer didn't recognize the Chinese and printed random stuff out.


Quote:
Supposedly a 25,000 customs gold units - these scarce horizontal notes only came as a 100 and 500. Amazingly I've seen these sell - despite the flawed reverse which says 'twenty five thousand' but is numbered as 250,000!


It is correct on the fake banknote. 貳拾伍萬" is 250,000。

貳萬伍仟" would be 25,000。

They make fantasies, but at least they get their numbers correct .
Valued Member
United States
303 Posts
 Posted 06/25/2012  7:31 pm  Show Profile   Bookmark this reply Add hc8604 to your friends list


Fake-Chinese-Banknotes

Here it is...I thought it was funny that they still try to sell it on ebay.
Valued Member
United Kingdom
129 Posts
 Posted 06/26/2012  10:51 am  Show Profile   Bookmark this reply Add xavierz27 to your friends list
Thanks for posting - that example should certainly get some kind of award, it's about the worst I've seen. I may have seen a green version some years back but I dont remember it being that bad. Perhaps I surpressed the memory!

And you right - its funny that they try and sell anything this bad.

Many of the fake or fantasy notes (better by comparison) are currently being sold on ebay by a Chinese seller who is stating that they are valueless copies so it is worth viewing his listings to get a further idea of whats out there. Search using the word 'nominal'.
Valued Member
United Kingdom
129 Posts
 Posted 06/26/2012  11:18 am  Show Profile   Bookmark this reply Add xavierz27 to your friends list
On a more positive note perhaps (?), not all forgeries are 'bad news'. Albeit rarely, but sometimes period forgeries appear. These are fascinating examples of social or military history and are in some cases more valuable historically (and yes, commercially) than the genuine notes.

Occasionally for example, lithographed forgeries of the Bank of Communications Shanghai 5 and 10 Yuan notes appear (1933 issues of the series of 1914). The genuine notes are the most common of the BOC issues. From what I've read (what little there is) some of the forgeries of these and other Nationalist banknotes were printed by the Japanese during the war, and other were produced by criminal gangs in Shanghai and Tientsin (Tianjin).

The example that I have of the 5 Yuan has been circulated, is litho printed on bond paper. I only recently noticed that most of the word 'bond' is discernable on one of the vertical margins!

Period forgeries:

Fake-Chinese-Banknotes

Fake-Chinese-Banknotes

Fake-Chinese-Banknotes

Fake-Chinese-Banknotes
Edited by xavierz27
06/26/2012 11:45 am
Pillar of the Community
United States
1812 Posts
 Posted 06/26/2012  12:27 pm  Show Profile   Bookmark this reply Add Broken-Coin to your friends list
A few years back Coin World (Magazine) printed a 2 part article with with a coin counterfeiter from China, and in the article he mentione that his reproduction factory in China offers different price teir's for their counterfeit USA Coins... The lowest price coins are easy to spot, where-as the top price teir counterfeits are so well done the TPG Services notes how they were quite deceptive and could fool a number of long time dealers... If memory serves, included in the article was a woman who went around a bourse floor showing the (fake) coins to Dealers, and quite a few were fooled into thinking that they were real, and those that did were told that they were the new high quality copies from China...
Valued Member
United Kingdom
129 Posts
 Posted 06/26/2012  3:51 pm  Show Profile   Bookmark this reply Add xavierz27 to your friends list
I bet they wished the ground would open up and swallow them when they found out. But then if the fakes are that good (and the better one's do seem to be), it's not surprising. Sounds like a fascinating article.

Of Chinese coins: I bought a trio of large holed bronze/copper coins of the type that used to be produced in the 19th century, large cash coins or medallions, for not much money and I'm certain they are fake but they look very authentic. It's worrying as I've seen such coins go to unsuspecting buyers. It's hard to know if you can trust anything in the way of coins! And certain types of banknotes - some of the fakes of early Peoples Bank of China notes are so convincing that I've decided to avoid buying any unless especially cheap and from a reputable source. And even then you dont know - even major museums can be fooled by fakes of all kinds.

At some point you have to hope for best I suppose!
Pillar of the Community
United Kingdom
2624 Posts
 Posted 06/29/2012  10:48 am  Show Profile   Bookmark this reply Add DavidUK to your friends list
Thanks for the very informative posts.

I think that Chinese and Indian currencies are a hot buy for the future but because of the amount of fakes around I just can't bring myself to go near them.
Valued Member
United Kingdom
129 Posts
 Posted 10/01/2012  6:34 pm  Show Profile   Bookmark this reply Add xavierz27 to your friends list
Hi all, haven't been on here for a while but thought I'd mention a current horror on e-bay.

The US seller tomato009 has a whole string of auctions of fake Chinese notes that are currently ending as I write this. And we're not talking a few pounds or dollars either. I have just seen one of his fakes - a Pei Yang Bank of Tientsin, I think - sell for over $1,000 US.

Another one supposedly of the Ta Ching Bank is about to end at over $220. Not even a fake but one of the poor fantasy types.

And it is impossible to report these fakes to e-bay! Why am I not really surprised.
New Member
United States
2 Posts
 Posted 07/22/2013  10:14 am  Show Profile   Bookmark this reply Add kingscott1922 to your friends list
This is a great thread for someone who is new to collecting chinese notes. I know this thread is outdated, though the information is great. Can any experts expand on the info here? New things to look out for, any indicators of fake chinese notes?
Valued Member
Australia
192 Posts
 Posted 07/23/2013  04:29 am  Show Profile   Bookmark this reply Add Ark to your friends list
I just read through this and realised how incredibly difficult it is to spot fakes, seems to me that avoiding any non-cataloged note at all costs.
New Member
United States
8 Posts
 Posted 07/23/2013  06:08 am  Show Profile   Bookmark this reply Add EGChandler to your friends list
I have never been to keen about collecting currency except for the ones that look great This discussion has helped me to decide that I need to put off the currency purchases until I have educated myself as to how to recognize a fake banknote. If there are any books and/or websites with articles please shoot me the info.
Thanks, E.G.
New Member
Hong Kong
32 Posts
 Posted 08/12/2013  5:25 pm  Show Profile   Bookmark this reply Add 168Bagua to your friends list
In Hong Kong Antique Market, they sell a whole album of these fake china notes. They're all fake as the paper felt like A4 printing paper with banknote design.
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