Catalog
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| Issuer | The Central Bank of China |
|---|---|
| Year | 1937 |
| Type | Standard circulation banknote |
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|---|---|
| Obverse lettering | 行銀央中 圓拾 印年六十二國民華中 (Translation: Central Bank of China Ten Yuan Printed in the 26th year of the Republic of China) |
| Reverse description | The reverse is dominated by a central vignette of a traditional imperial procession with horse-drawn carts and attendant figures rendered in fine intaglio engraving, framed by ornamental guilloche borders. The issuer name appears in English at the top centre, with the denomination repeated in each corner. The date 1937 and the legend "NATIONAL CURRENCY" appear at the lower portion of the note. |
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| Comments |
The Central Bank of China placed substantial printing orders with American Bank Note Company through the late 1930s, a relationship that predated the Japanese invasion but became operationally complicated after 1937 when the Nationalist government began its wartime retreat inland. Notes of this series entered circulation precisely as Shanghai fell, meaning many moved west with the refugee economy rather than through normal banking channels.
ABNC's intaglio work on this series is technically accomplished — the firm had decades of Chinese government contracts behind it by this point. Overprints and chop marks on surviving examples often tell a more specific geographic story than the note itself does.