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!
10 000 Yuan
| Issuer | Central Bank of China |
|---|---|
| Year | 1949 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Gold Yuan (1948-1949) |
| 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 | 行銀央中 券圓金 圓萬壹 廠製印央中 (Translation: Central Bank of China Gold Yuan note Ten Thousand Yuan Central Printing Plant) |
| Reverse description | An intaglio vignette of the municipal government building in Nanking occupies the left half of the note, rendered in fine line engraving in blue. To the right, a large guilloche medallion frames the denomination numeral '10000' with the value panel 'TEN THOUSAND GOLD YUAN' across its centre. Two manuscript signatures appear below the medallion, captioned 'GENERAL MANAGER' and 'GOVERNOR' respectively, with the year '1949' in a cartouche beneath. The denomination '10000' is 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 |
By early 1949, hyperinflation had so thoroughly destroyed the Gold Yuan — introduced only the previous August as a supposed stabilization measure — that denominations like this were functionally obsolete almost from the moment of printing. The Nationalist government's Central Printing Factory was running multiple shifts to produce notes that lost purchasing power faster than they could be distributed. This 10,000 Yuan value, extraordinary by any earlier Chinese monetary standard, represented a routine transaction amount by the time the note reached circulation.
The Communist forces took control of the mainland later that year, rendering the entire Gold Yuan series worthless. Most surviving notes were never spent.