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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 | Log in to see details |
| Composition | Log in to see details |
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| Printer | Central Trust of China Printing Works |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | 中央銀行 拾圓 中華民國三十年印 處製印局託信央中 AK911417 |
| Reverse description | Log in to see details |
| Reverse lettering | THE CENTRAL BANK OF CHINA 10 TEN YUAN 1941 |
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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.