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1 Dollar Military Issue
| Issuer | Republican Government of China, Ministry of War |
|---|---|
| Year | 1 (1912) |
| Type | Vouchers |
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|---|---|
| Obverse lettering | REPUBLICAN GOVERNMENT OF CHINA Military Notes issued by the Ministry of War ONE DOLLAR |
| Reverse description | Blue guilloche border with rosette corner medallions enclosing denomination numeral '1'; central panel carries bilingual text in English and Chinese setting out the note's terms of acceptance, redeemability after six months, and penalties for counterfeiting or obstruction, dated January 1912. |
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| Comments |
Issued in the first year of the Republic, this note was authorized by the Ministry of War to meet immediate military payroll demands during the chaotic transition from Qing rule. The new republican government had inherited a treasury near collapse and no functioning central bank — military scrip was a stopgap while financial institutions were still being constituted.
Year 1 of the Republic of China corresponds to 1912. Notes bearing this date are among the earliest instruments issued under republican authority, predating the more organized currency arrangements that followed Yuan Shikai's consolidation of power.