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1 Yuan Central Bank of China

Issuer Central Bank of China
Year 1936
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Shape Rectangular
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Obverse description Printed in red, the obverse centres on an intaglio vignette of the Wan Ku Chang Ch'un pailou (memorial archway) set within a landscape of trees, flanked by ornate guilloche cornerpieces bearing seal-script characters. The large cartouche to the left carries the denomination 壹圓 (One Yuan), while the issuing authority inscription 中央銀行 runs across the top margin and the date legend 中華民國二十五年印 appears along the lower margin. Serial numbers in red are printed at upper left and upper right.
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Protection description Watermark visible when the note is held to light.
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Comments

The Central Bank of China's 1936 1 Yuan series came out of a relatively stable period for Nationalist monetary policy, just a year after the landmark fabi currency reform of November 1935, which abolished the silver standard and consolidated note-issuing authority among three government banks. This note is a direct product of that consolidation — an attempt to put a unified, credible currency into everyday hands across Republic of China territory.

Chung Hwa Book Company was primarily a publishing and printing house, not a specialist security printer, which occasionally shows in the consistency of impression across the series. Notes from this printer can exhibit variation in ink density between sheets of the same run.

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