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10 Yuan blue

Issuer Bank of Taiwan
Year 1960
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Currency New dollar (1949-date)
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Obverse description An intaglio portrait of Dr. Sun Yat-sen is positioned at left against a blue guilloche underprint, with a vignette of a bridge over the Chuoshui River occupying the right portion of the note. Chinese character inscriptions name the issuing institution and denomination, while the date is recorded as the 49th year of the Republic of China.
Obverse lettering 拾 拾 行銀灣臺 圓拾 年九十四國民華中
(Translation: Bank of Taiwan Ten Yuan The 49th Year of the Republic of China)
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Comments

The Bank of Taiwan functioned as Taiwan's de facto central bank from 1946 until the Central Bank of China formally reassumed that role in 1961 — this 1960 issue sits right at the end of that arrangement. The Central Engraving and Printing Plant had relocated from the mainland to Taipei following the Nationalist retreat in 1949, and by 1960 had over a decade of uninterrupted production behind it on the island.

The Pick reference P#1969 is a catalog anomaly worth noting: the numbering reflects late cataloging rather than any unusual issuance sequence. Paper quality on this series is known to vary, with some runs showing inconsistent ink saturation attributed to material supply constraints in the early 1950s — though by this 1960 printing those issues had largely been resolved.

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