Catalog
100 Yuan
| Issuer | Bank of Taiwan |
|---|---|
| Year | 1949 |
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| Reference(s) | P#1957 |
| Obverse description | Vertical format note in brown tones. Central oval vignette contains a bust portrait of Dr. Sun Yat-sen facing slightly left, framed within an ornate cartouche with decorative scroll guilloche work. The denomination 壹百圓 (One Hundred Yuan) is set in a shaped panel below the portrait, with serial number and issuer inscription 台灣銀行 at the top, and the Republic of China year inscription along the lower margin. |
|---|---|
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| Reverse lettering | BANK OF TAIWAN 100 ONE HUNDRED YUAN 1949 |
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| Comments |
The Bank of Taiwan's 1949 100 Yuan note arrives at an extraordinary juncture: the Nationalist government had just introduced the New Taiwan Dollar in June of that year, replacing the old Taiwan Dollar at a rate of 40,000 to one following catastrophic hyperinflation on the mainland. This note predates that reform by months, placing it squarely in the final chaotic phase of Kuomintang monetary policy before Taiwan became the government's last redoubt.
Printing at the Central Engraving and Printing Factory in Taipei rather than on the mainland marks a logistical shift that itself tells a story — presses, plates, and personnel had been relocated ahead of the Communist advance.