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100 Yuan Central Bank of China
| Issuer | Central Bank of China |
|---|---|
| Year | 1942 |
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| Value | Log in to see details |
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| Composition | Paper |
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| Obverse description | Printed in red on an uncoloured ground, the obverse centres on a vignette of the Victory Gate (Deshengmen) surrounded by trees, set within an ornate lobed cartouche with scrollwork. The denomination 壹百圓 appears in large Chinese characters in lobed panels to the left and right of the central vignette, with additional corner panels repeating 壹百 in each corner. The bank title 中央銀行 is inscribed across the top, and the date inscription 中華民國三十一年印 runs along the lower margin beneath the central cartouche. |
|---|---|
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| Reverse lettering | THE CENTRAL BANK OF CHINA ONE HUNDRED YUAN NATIONAL CURRENCY 1942 |
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| Comments |
The Central Bank of China's 1942 100 Yuan issue arrived during a period of catastrophic wartime inflation that would ultimately consume the Nationalist currency entirely. Japan's occupation of major coastal cities had already forced the Central Trust printing operations inland, and the logistical strain showed — the 1942 series was produced under considerable pressure to keep pace with money supply demands that no printer could realistically meet.
Inflation by 1942 was severe enough that a 100 Yuan note represented meaningfully less purchasing power than the same denomination had just two years prior. By 1945 it would be nearly worthless.