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10 Yuan
| Issuer | Bank of Taiwan |
|---|---|
| Year | 1950 |
| Type | Log in to see details |
| Value | 10 Yuan |
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| Composition | Log in to see details |
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| Obverse description | Central oval vignette with portrait of Sun Yat-sen in military uniform. Denomination in Chinese characters at top and bottom corners, with serial number above and below the central vignette. Red overprint reading 限金門通用 (restricted to Kinmen use) flanks the central panel. |
|---|---|
| Obverse lettering | 台灣銀行 拾圓 限金門通用 中華民國三十九年印 |
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| Comments |
The Bank of Taiwan's 1950 10 Yuan note belongs to a series issued after the June 1949 currency reform that replaced the old Taiwan Yuan at a rate of 40,000 to 1 — itself a consequence of the catastrophic hyperinflation imported from the mainland as Nationalist forces collapsed. The Bank of Taiwan, not the central bank of the Republic of China, held the issuing authority for Taiwan's circulating currency throughout this period, a deliberate structural choice made to insulate the island's monetary system from the mainland's financial wreckage.
The Central Engraving and Printing Plant had relocated to Taiwan in 1949, and this note was among the earliest productions from its reestablished operations there.