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10 Yuan
| Issuer | Central Bank of China |
|---|---|
| Year | 1945 |
| Type | Standard circulation banknote |
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| Composition | Log in to see details |
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| Obverse description | Portrait of Chiang Kai-shek in military uniform at right, rendered in intaglio against a fine guilloche underprint. The central vignette displays the denomination characters 拾圓 within an oval guilloche frame, flanked by ornamental corner rosettes. Bank title 中央銀行 appears at top, with serial number printed twice in red at upper left and upper right. |
|---|---|
| Obverse lettering | Log in to see details |
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| Reverse lettering | THE CENTRAL BANK OF CHINA TEN YUAN 1945 AMERICAN BANK NOTE COMPANY GENERAL MANAGER GOVERNOR |
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| Comments |
By 1945, the Central Bank of China was printing currency in the United States because Japanese occupation had severed access to domestic printing infrastructure capable of meeting wartime volume. The American Bank Note Company had a long working relationship with Chinese issuing authorities dating back to the Republican period, and their intaglio work held up well against counterfeiting — a serious operational concern given Japanese production of fake Chinese currency as an economic warfare tactic throughout the conflict.
P#390 sits at the tail end of a hyperinflationary spiral that would render denominations of this size essentially worthless within two years of issue.