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10 Yuan Central Reserve Bank of China
| Issuer | Central Reserve Bank of China |
|---|---|
| Year | 32 (1943) |
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| Value | Log in to see details |
| Currency | Yuan |
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| Obverse description | Intaglio portrait of Dr. Sun Yat-sen in oval vignette at left, set against a multicolour guilloche underprint. Large Chinese characters 拾圓 (Ten Yuan) at centre, with a decorative rosette medallion at right. The bank title 中央儲備銀行 appears across the top, with denomination in Chinese script at all four corners. |
|---|---|
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| Reverse lettering | THE CENTRAL RESERVE BANK OF CHINA TEN YUAN 中央儲備銀行 拾圓 |
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| Comments |
The Central Reserve Bank of China was a Japanese-sponsored institution established in Nanjing in 1941 under Wang Jingwei's collaborationist government. Its notes were intended to displace Nationalist fabi currency in occupied territories, a goal that met persistent resistance — the occupied population frequently refused them or accepted them only at a discount against the fabi they nominally replaced.
By 1943 the Bank was printing in large volumes to cover occupation administration costs, and inflation was already eroding whatever credibility the currency had managed to establish. P#J016 belongs to a series that circulated primarily in central and eastern China under Japanese military control, with distribution tightly linked to garrison economics rather than normal commerce.