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10 Yuan Central Bank of China
| Issuer | Central Bank of China |
|---|---|
| Year | 1941 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Yuan (1912-1948) |
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| Obverse description | Blue intaglio print on a guilloche underprint throughout. A vignette at left centre shows a traditional Chinese city gate tower with surrounding trees and wall, rendered in fine line engraving. To the right, the denomination 拾圓 appears in large characters within a geometric lozenge frame. Serial number printed twice in red at upper centre. Two red seal impressions appear at lower right. Corner denominational counters read 拾 at each angle. |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Entirely printed in dark blue-green intaglio on a dense guilloche background. A large central vignette contains the numeral 10 within an ornate floral cartouche, flanked by two symmetrical panels with intricate lathe-work patterns. Signature lines with the titles VICE MANAGER and GENERAL MANAGER appear at the lower left and right respectively. The denomination TEN YUAN is inscribed at the bottom centre in Roman characters, with the date 1941 below. |
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| Comments |
The Central Bank of China's 1941 issues were produced under severe wartime pressure, with Japanese forces having already seized the major coastal printing facilities. The Central Trust of China Printing Works — itself an arm of the Nationalist government — absorbed much of the currency production as the government retreated deeper into the interior, eventually operating out of Chongqing.
Inflation was already accelerating badly by 1941; the fabi had been losing purchasing power since the currency reform of 1935, and wartime military expenditure was pushing the money supply to unsustainable levels. Notes of this era circulated hard and fast.