10 Yuan Bank of Taiwan

The Bank of Taiwan operated as a de facto central bank for the Republic of China government on Taiwan throughout this period — the Central Bank of China having been formally re-established in 1961 but only gradually absorbing those functions. The Central Printing Factory, a government-operated facility in Taipei, produced the bulk of ROC currency from the early 1950s onward, giving Taiwan full domestic control over note production during a politically sensitive period when international recognition was rapidly eroding.

Pick #1984 is a later date variety in a long-running series. The watermark on this issue is a simple repeating pattern rather than a portrait type.