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100 Yuan Bank of Central China

Issuer Bank of Central China (中華中銀行)
Year 1945
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Value 100 Yuan
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Obverse lettering 華中銀行
壹百圓
中華民國三十四年
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Reverse lettering 100
1945
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Comments

The Bank of Central China was a Communist-controlled institution operating in the liberated base areas during the latter stages of the Second Sino-Japanese War. Its notes circulated in territories administered by the New Fourth Army and affiliated regional governments — areas that were simultaneously contested by Japanese forces and Nationalist units, meaning this currency operated in genuinely hostile monetary conditions.

Pick S3376 falls into the "S" (Specialized/Regional) section precisely because these notes were never recognized by the central Republican government in Chongqing. Redemption after 1949 was handled through People's Bank conversion programs, and large quantities were surrendered and pulped, which has made surviving circulated examples considerably harder to find than their print runs might suggest.

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