Catalog
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| Issuer | Bank of Central China |
|---|---|
| Year | 1945 |
| Type | Local banknote |
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| Obverse description | Letterpress-printed in brown on cream paper, the obverse carries a central vignette of the Great Wall of China across the right portion of the note, enclosed within an ornate cartouche with scrollwork and floral corner ornaments. The bank title 華中銀行 runs across the upper centre, while the denomination 壹百圓 appears in large characters at centre-left. The Republic of China year date is inscribed along the lower margin. |
|---|---|
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| Reverse lettering | 100 壹百 |
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| Comments |
The Bank of Central China was a puppet institution established under Japanese occupation, issuing currency across Hubei, Hunan, and Jiangxi provinces as part of a broader strategy to displace Nationalist and regional currencies. By 1945 the military situation had turned decisively against Japan, and notes issued that year entered circulation into an economy already collapsing under hyperinflationary pressure — purchasing power eroded so rapidly that high denominations became necessary for routine transactions.
P#S3375 is catalogued in the "S" (Specialized) sequence, reflecting its regional rather than central-government status. Many surviving examples show heavy use, consistent with the frantic velocity of money in the occupation's final months.