Yuan notes from 1940s - still valid?

edited February 2011 in - China

A relative had passed and recently we found within
a box of papers some old yuan money. Based on
searching on line, these bills appear to be from the
1940's with some even a bit earlier. My question
is: are these bills still acceptable as currency or are
they just historical artifacts or collectibles?

Thanks to anyone who can provide some insight
on this.


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