Catalog
See full images - free registration
Continue with Google - no registration!
or register with email
Why register? Just to keep bots out of our catalog. Your email stays private - we will never share it or send you anything uninvited. We guarantee you that!
1 Yuan
| Issuer | Bank of Taiwan |
|---|---|
| Year | 1949 |
| Type | Standard circulation banknote |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Log in to see details |
| Size | Log in to see details |
| Shape | Log in to see details |
| Printer | Log in to see details |
| Designer(s) | Log in to see details |
| Engraver(s) | Log in to see details |
| In circulation to | Log in to see details |
| Reference(s) | Log in to see details |
| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | 臺灣銀行 壹圓 限金門通用 中華民國三十八年 |
| Reverse description | The reverse, printed in green, carries the English inscription BANK OF TAIWAN arched across the top. A vignette of the Bank of Taiwan building occupies the upper half, rendered in fine line engraving. Below, a map of Taiwan island is depicted with the characters 金門 flanking it at left and right, referencing the Kinmen restricted-circulation area. The English legend ONE YUAN appears at the bottom centre, with the numeral 1 repeated in each corner. |
| Reverse lettering | Log in to see details |
| Signature(s) | Log in to see details |
| Protection type | Log in to see details |
| Protection description | Log in to see details |
| Variants | Log in to see details |
| Comments |
The Bank of Taiwan's 1949 Yuan issues were direct products of the currency reform pushed through in June of that year, when the newly arrived KMT government replaced the collapsing Taiwan Provincial Bank notes and attempted to arrest the hyperinflation that had devastated the mainland. The New Taiwan Dollar was pegged at 40,000 old Taiwan Yen — a ratio that underscored how badly the previous currency had deteriorated.
Printing at the Central Engraving & Printing Plant in Taipei rather than relying on mainland facilities marked a practical shift; by mid-1949, Shanghai was no longer a viable option.