Catalog
1 Yuan Quemoy
| Issuer | Bank of Taiwan |
|---|---|
| Year | 1963 |
| Type | Local banknote |
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| Obverse description | Central vignette of Sun Yat-sen facing left, surrounded by guilloche underprint. A red overprint in Chinese characters restricts the note's circulation to the Kinmen (Quemoy) archipelago, appearing twice across the face of the note. |
|---|---|
| Obverse lettering | 台灣銀行 壹圓 限金門通用 限金門通用 中華民國三十八年印 中央印刷廠 (Translation: Bank of Taiwan One Yuan Kinmen Island use only Kinmen Island use only Printed in year 38 of the Chinese Republic Central Printing Factory) |
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| Comments |
Quemoy (Kinmen) notes were a distinct regional issue produced specifically for use on the offshore islands controlled by the Republic of China government — a practical measure to prevent currency from flowing freely between the islands and the Taiwan mainland, and to limit the financial exposure if the islands fell to PRC forces. The threat was not theoretical: Quemoy had been shelled intensively in 1958 during the Second Taiwan Strait Crisis.
The Central Printing Factory in Taiwan produced the full Quemoy series, of which this 1 Yuan is the lowest denomination. Circulation on the islands was tightly controlled, and notes were not legal tender elsewhere in the ROC currency zone.