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10 Yuan

Issuer Bank of Taiwan
Year 1946
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Reference(s) P#1937
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Obverse lettering 台灣銀行
幣台
拾圓
中華民國三十五年印
中央印製廠
Reverse description The centre of the reverse is dominated by a finely engraved oval vignette illustrating a naval battle scene, traditionally identified as Zheng Chenggong's engagement against Dutch forces in 1633, with sailing vessels firing cannon amid billowing smoke and a coastal settlement visible in the background. Flanking the central vignette are two ornate numerals '10' set within elaborate guilloche scrollwork, repeated in each corner in smaller form. The entire composition is printed in blue-green tones over a light guilloche underprint with a repeating Chinese character pattern along the borders.
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The Bank of Taiwan resumed note issuance in 1946 following Japan's fifty-year colonial administration of the island, which ended with the 1945 surrender. These early postwar notes were produced on the mainland by the Central Printing Factory — the same government printer serving the Republic of China's national currency — reflecting how completely Taiwan's financial infrastructure had been dismantled and was being rebuilt under Nationalist oversight.

Within two years, hyperinflation on the mainland had devastated the ROC dollar, and Taiwan followed. The 1949 currency reform replaced these notes at 40,000 old yuan to one New Taiwan Dollar.