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| 表面の説明 | ログイン して詳細を見る |
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| 表面の銘文 | 行銀灣臺 分壹 角壹兌分拾每 印年參肆國民華中 厰北台厰製印央中 (Translation: Bank of Taiwan 1 Fen 10 Fen = 1 Jiao Printed in the forty-third year of the Chinese Republic Central Engraving and Printing, Taipei) |
| 裏面の説明 | Blue ink on cream paper in vertical format, with a guilloche border framing a central vignette of the island map of Taiwan, over which the numeral "1" is superimposed. The issuer's name appears at the top in English, the denomination "ONE CENT" is set within a cartouche at the lower centre, and the Gregorian year "1954" is printed below. |
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The Bank of Taiwan's 1954 fen series was issued during a period of acute monetary instability following the 1949 currency reform, when the New Taiwan Dollar was introduced at a conversion rate of 40,000 old Taiwan dollars to one new — a ratio that reflected the severity of the hyperinflationary collapse on the mainland and its spillover effects on the island's economy.
The Central Engraving and Printing Factory in Taipei had only recently established full domestic production capacity, having relocated from the mainland. At this denomination, notes were essentially tokens, and low-face-value pieces from this run are frequently found with heavy handling wear.