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10 Cents

Issuer Bank of Taiwan
Year 1950
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Value 10 Cents
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Obverse lettering 台灣銀行
壹角
每拾兌壹圓
限金門通用
中華民國三十九年
AA 284810
Reverse description The reverse is rendered in blue-grey and carries a central vignette of a neoclassical government building with a colonnaded facade, likely the Bank of Taiwan headquarters, with figures and a bicycle in the foreground. The English legend BANK OF TAIWAN arches above the vignette, while the denomination TEN CENTS appears within a decorative cartouche at the bottom. The numeral 10 is repeated in each corner, and the Chinese characters 金門 (Kinmen) flank the vignette at mid-height.
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Comments

The Bank of Taiwan resumed note issuance in 1949–50 following the Nationalist government's retreat from the mainland, and this 10-cent note belongs to a fractional series that was essentially stopgap coinage — metal was scarce and the new Taiwan Dollar needed supporting denominations fast. Printed locally rather than contracted abroad, the quality reflects the limited resources available to the island's printing infrastructure at the time.

These small-denomination notes circulated heavily and were discarded once coin production caught up, which accounts for the near-total absence of high-grade survivors.

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