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100 Yuan

Issuer Federal Reserve Bank of China
Year 1944
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Value 100 Yuan
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Obverse description Printed in dark purple-black over a blue-green guilloche underprint, the obverse carries a classical Chinese temple complex vignette at centre-left alongside a portrait of the Yellow Emperor (Huang-Ti) in imperial court dress at right. The bank title 中國聯合準備銀行 is inscribed in bold Chinese characters along the upper register, flanked by dragon vignettes, with the denomination 百圓 in large Chinese characters at centre. Decorative floral and scroll cartouches occupy all four corners of the border frame, and two red official seal chops appear below the central vignette.
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Reverse lettering 中國聯合準備銀行
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Comments

The Federal Reserve Bank of China was a Japanese-sponsored institution operating in occupied northern China, headquartered in Beijing. Its notes — including this 100 Yuan — were instruments of wartime economic control, used to extract resources and displace the Nationalist fabi currency in Japanese-held territory. By 1944, inflation was accelerating sharply across occupied China, and 100 Yuan denominations that would have seemed substantial in 1938 were losing purchasing power fast enough to matter month to month.

Pick J83 belongs to a series printed under Japanese oversight, likely through facilities connected to the Toppan or Dainippon printing operations in Japan. The issuer's collapse came swiftly after August 1945.

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