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10 Yuan Central Bank of China
| Issuer | Central Bank of China |
|---|---|
| Year | 1940 |
| Type | Log in to see details |
| Value | 10 Yuan |
| Currency | Log in to see details |
| Composition | Log in to see details |
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| Printer | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | 行銀央中 圓拾 年九十二國民華中 司公限有局書華中 (Translation: The Central Bank of China 10 Yuan (10 Dollars) 29th year of the Republic of China Chung Hwa Book Co. Ltd.) |
| Reverse description | Log in to see details |
| Reverse lettering | THE CENTRAL BANK OF CHINA 10 TEN YUAN 1940 CHUNG HWA BOOK CO. LTD. |
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| Comments |
The Central Bank of China's 1940 note issues were produced under increasingly difficult wartime conditions, with Shanghai's printing infrastructure operating under Japanese occupation pressure following the fall of the city in 1937. Chung Hwa Book Co. was one of several Shanghai-based printers the nationalist government continued to use even as political control of the city fractured — a pragmatic arrangement that raises genuine questions about the security and continuity of wartime currency production.
P#228 belongs to a series that circulated across Free China alongside notes from competing quasi-governmental banks, contributing to the inflationary spiral that accelerated sharply after 1941. By 1945, the purchasing power of the yuan had collapsed almost beyond reckoning.