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10 000 Customs Gold Units
| Issuer | Central Bank of China |
|---|---|
| Year | 1947 |
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| Currency | Customs Gold Unit (1930-1948) |
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| Obverse description | Portrait of Sun Yat-sen in an oval guilloche vignette at centre, flanked by intricate floral and foliate border patterns in blue. Two red seal impressions appear below the portrait, alongside a decorative rosette cartouche bearing the denomination in Chinese characters. Serial number printed twice in red, above and below the central vignette. |
|---|---|
| Obverse lettering | 行銀央中 關 金 壹 萬 圓 印年六十三國民華中 (Translation: Central Bank of China Ten Thousand Customs Gold Units Printed in the 36th year of the Republic of China) |
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| Comments |
The Customs Gold Unit was a fiscal accounting currency introduced by the Nationalist government in 1930 to collect maritime tariffs independently of the depreciating silver yuan. By 1947, hyperinflation had made high-denomination CGU notes a practical necessity — this 10,000-unit note would have represented a serious sum just two years earlier but was rapidly losing purchasing power as the civil war against the Communists drained Nationalist finances.
Thomas De La Rue printed the series in London, a logistical arrangement that itself reflects how little control Nanjing retained over its own monetary infrastructure by this stage. The CGU system was formally abolished in 1948 when the Gold Yuan reform swept it away entirely.