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10 000 Yuan Central Bank of China

Issuer Central Bank of China
Year 1947
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Size 152 x 67 mm
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Obverse lettering 中央銀行
壹萬圓
壹萬
中華民國三十六年印
(Translation: Central Bank of China / Ten Thousand Yuan / Printed in the 36th year of the Republic of China)
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Reverse lettering 壹萬圓
10000
局長 梁平
副局長 陳定祁
(Translation: Ten Thousand Yuan / Director General: Liang Ping / Deputy Director General: Chen Dingqi)
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By 1947, the Central Bank of China was printing in denominations that would have been unthinkable five years earlier. Wartime Japanese occupation had fractured the economy, and the resumed civil war between Nationalist and Communist forces made recovery impossible. The 10,000 Yuan note was not a high-denomination curiosity — it was a practical necessity for everyday transactions, an indication of how badly the fabi had collapsed in purchasing power.

Liang Ping served as Governor; Chen Dingqi as Vice-Governor. The pairing on this series was consistent through the late Nationalist inflationary issues before the Gold Yuan reform of 1948 swept the entire fabi series into obsolescence.

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