Catalog
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| Issuer | Tai Fong Cambista |
|---|---|
| Year | 1944 |
| Type | Standard circulation banknote |
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| Obverse description | Vertically oriented note with Chinese text arranged in columns across the face. At the top, the issuer's name appears in both Latin script ('TAI FONG TAE KEI CAMBISTA') and Chinese characters (大豐銀記), flanked by a small vignette of a sailing junk. The denomination 壹仟元 (1000 Yuan) is inscribed in large brushwork characters at centre, accompanied by date notations in the Republican calendar on the left margin, two manuscript signatures with seals at lower left, and a red rectangular chop. The serial number appears at the bottom in the format 'B 0508'. |
|---|---|
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| Reverse description | Vertically oriented reverse with a central guilloche medallion in green and pink, enclosing the Chinese denomination 壹仟圓 within an ornate cartouche of scrollwork and foliate borders. The numeral '1000' appears below the medallion in Western digits, with the word 'YUAN' beneath. The issuer's name 'TAI FONG CAMBISTA' is printed at the top in an arched panel, with 'TAE KEI' on a ribbon below it. Fine decorative corner ornaments frame the composition. |
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| Comments |
Tai Fong was one of several licensed money changers operating in wartime Macao — a Portuguese colony that remained nominally neutral throughout the Pacific War, making it an unusual commercial enclave surrounded by Japanese-occupied territory. These privately issued exchange notes functioned as a parallel currency within the colony's tightly constrained economy, filling gaps left by chronic coin shortages and disrupted banking.
The chop or seal as the primary security feature reflects local practice rather than any printing limitation — hand-applied stamps were the conventional authentication method for private cambista issues of this period. The 1,000 Dollar denomination points to significant inflationary pressure by 1944.