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10 Yuan Central Bank of China

Issuer Central Bank of China
Year 1941
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Value 10 Yuan
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Obverse lettering 行銀央中 圓拾 印年十三國民華中
(Translation: Central Bank of China 10 Yuan Printed in the 30th year of the Republic)
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Reverse lettering THE CENTRAL BANK OF CHINA
10
TEN YUAN
1941
ASST. GENERAL MANAGER
GENERAL MANAGER
SECURITY BANKNOTE COMPANY
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Comments

The Central Bank of China turned to American security printers repeatedly during the Second Sino-Japanese War, as Japanese occupation of coastal China had destroyed or compromised domestic printing capacity. The question mark on the SBNC attribution in most references reflects genuine uncertainty — some notes in this series show characteristics consistent with multiple print runs, and distinguishing SBNC output from contemporaneous work by other contracted American firms requires plate analysis rather than visual inspection alone.

By 1941 the Nationalist government in Chongqing was issuing currency at a pace that would eventually fuel one of the worst hyperinflationary collapses of the twentieth century, with the fabi losing roughly 99% of its value between 1937 and 1945.

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