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10 Yuan / Dollars Canton
| Issuer | Central Bank of China |
|---|---|
| Year | 1949 |
| Type | Standard circulation banknote |
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| Obverse description | Portrait of Sun Yat-sen in an oval vignette at right, set against an elaborate guilloche underprint in rose-red. The denomination characters 圓拾 appear in large format at centre, flanked by the place of issue 廣州 (Canton) in two positions. Serial number in red appears across the upper field. |
|---|---|
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| Reverse description | Central vignette of a Chinese junk under sail within a circular frame, surrounded by symmetrical guilloche scrollwork in rose-red. The denomination TEN SILVER DOLLARS appears in English lettering to the left, with the numeral 10 and SILVER DOLLARS to the right. The place name CANTON is repeated below the central vignette on both sides, with the year 1949 at bottom centre. |
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| Comments |
By mid-1949, the Central Bank of China was issuing Silver Yuan notes as a replacement for the catastrophically failed Gold Yuan, which had collapsed within a year and wiped out the savings of millions. The Silver Yuan series was itself largely fictitious — there was no meaningful silver reserve backing it, and the Nationalist government was already losing the mainland. This note was printed in Shanghai even as Communist forces were closing on the city; the PLA entered Shanghai in May 1949.
Chung Hua Book Co. was a commercial publisher pressed into currency printing during the final Nationalist collapse, and production quality across the series varies noticeably as a result.