• oval-shaped ornament on lantern base.

Reprint (10 January 1955):

• ornament on lantern base as semi-circle.

• the second longitude from right doesn’t touch the hemisphere,
• light shading on fingers of the hand holding a hammer.

Reprint (10 January 1955):

• the second longitude from right touches the hemisphere,
• heavy shading on fingers of the hand holding a hammer.

• sun rays in coat of arms touch the inner circular frame,
• the first top Chinese character square,
• star in the coat of arms short.

Reprint (10 January 1955):

• sun rays in coat of arms not touching the inner frame,
• the first top Chinese character rectangle,
• star in the coat of arms large,
• minor differences in the last two top Chinese characters.

• vertical shading lines of podium reach the top,
• the first Chinese character with larger box,
• background shading around Mao Zedong’s head heavier.

Reprint (10 January 1955):

• vertical shading lines of podium shorter and don’t reach the top,
• the first Chinese character with smaller box,
• lighter background shading around Mao Zedong’s head.

• top background line in the upper right corner broken.

Values: $200, $300, $500, $800, $1000, $2000, $5000, $8000, $10000.

The second printing, 9 June 1950:

• the top background line complete, stretching all the way to the right frame.

Values: $1000, $3000, $10000.

The third printing, 1950:

• clouds larger, touching the top frame and Chinese characters on top left,
• doors horizontally and vertically shaded.

Values: $100, $200, $300, $400, $500, $800, $2000.

The fourth printing, 1950/51:

• like the third printing, doors only horizontally shaded.

Values: $100, $200, $300, $400, $500, $800, $1000, $2000, $3000, $5000.

The fifth printing, 18 April 1951:

• clouds rising only to the 5th horizontal shading line from top
• network underprint.

Values: $10000, $20000, $30000, $50000, $100000, $200000.

The sixth printing, May/September 1954:

• denomination value on the bottom left side.

Values: $50, $100, $200, $250, $400, $800, $1600, $2000.

• half-circle on Mao Zedong’s collar button,
• dot between two numerals 4 below denomination barely visible,
• perforation line 14.

Reprint (10 January 1955):

• half-circle and a dot on Mao Zedong’s collar button,
• dot between two numerals 4 below denomination strong and well visible,
• perforation line 12½.

• red color of the flag darker,
• flag ribbon less curvy,
• leaves of darker color.

Reprint (10 January 1955):

• red color of the flag is bright,
• flag ribbon curvy, pointing upwards,
• leaves of lighter color.

• three horizontal lines below dash sign between the first and the second Chinese characters,
• perforation line 14.

Reprint:

• four horizontal lines below dash sign between the first and the second Chinese characters,
• perforation line 12½.

• no dot in triangle in bottom right corner.

Reprint:

• a dot in triangle in bottom right corner.

• two horizontal lines on the flag in the upper left corner.

Reprint:

• additional horizontal line on the flag in the upper left corner.

• dragon scales white.

Reprint:

• two horizontal lines on the lower scale of the dragon.

• one horizontal line between legs of the farmer with a plow.

Reprint:

• two horizontal lines between legs of the farmer with a plow.

• without Chinese character on bottom left mural.

Reprint:

• additional Chinese character on the bottom left mural.

• without Chinese character in grass at lower left.

Reprint:

• additional Chinese character in grass at lower left.