Catalog
10 Yuan
| Issuer | Bank of Taiwan |
|---|---|
| Year | 1950 |
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| Currency | New Taiwan Dollar (1949-date) |
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| Obverse description | The obverse is framed by an ornate purple guilloche border with corner denomination numerals reading 拾. A central oval vignette contains a portrait of Sun Yat-sen in military dress, set against a multicolour underprint. The issuer's name 台灣銀行 appears in Chinese characters above the portrait, flanked by two red seal impressions reading 限金門通用, with the denomination 拾圓 inscribed below in large Chinese characters and the serial number printed in red above and below the portrait. |
|---|---|
| Obverse lettering | 台灣銀行 拾圓 限金門通用 印民國二十九年 |
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| Comments |
The Bank of Taiwan's postwar 10 Yuan notes occupied an awkward monetary moment. The bank had already issued a disastrous series of Taiwan Dollars beginning in 1946, which inflated catastrophically under the strain of mainland China's civil war and the Nationalist government's financial mismanagement — by 1949, the old Taiwan Dollar was exchanged at 40,000 to one New Taiwan Dollar in an emergency redenomination. This 1950 note belongs to the stabilization series that followed, printed domestically at the First Printing Factory rather than sourced from foreign security printers, a reflection of the KMT government's increasingly isolated position after retreating to the island.