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100 Yuan Bank of Taiwan, offset panel

Issuer Bank of Taiwan
Year 1972
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Value 100 Yuan (100 TWD)
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Obverse lettering 國民華中 圓佰壹 行銀灣臺 厰製印央中
(Translation: Republic of China One Hundred Yuan Bank of Taiwan Central Printing Factory)
Reverse description The Presidential Office Building in Taipei is rendered as a central vignette, set within a multicolour guilloche border with floral and geometric underprint patterns. The denomination appears in Chinese characters and Arabic numerals in the corners, with the Republic of China era date inscribed along the lower margin.
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Comments

The Bank of Taiwan's 1972 100 Yuan issue belongs to a long-running series that the Central Printing Factory in Taipei produced entirely domestically — a deliberate policy maintained by the Republic of China government to avoid any dependency on foreign printers for high-denomination notes. The "offset panel" designation distinguishes this from earlier intaglio-heavy printings in the same series, reflecting a shift toward mixed production methods that reduced cost while the factory scaled up capacity through the early 1970s.

Taiwan's parallel currency system — where Bank of Taiwan notes circulated alongside New Taiwan Dollar issues — had been largely rationalized by this point, and these 100 Yuan notes functioned without ambiguity as standard domestic tender.

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