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100 Yuan Central Bank of China
| Issuer | Central Bank of China |
|---|---|
| Year | 1944 |
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| Value | Log in to see details |
| Currency | Yuan (1912-1948) |
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| Obverse description | Portrait of Sun Yat-sen in a circular vignette at left, printed in reddish-brown intaglio on a guilloche underprint. The large denomination characters 壹百圓 appear at centre within an ornate rosette, flanked by corner panels bearing the character 百. Serial number and bank title appear along the upper margin, with the Republic of China date inscription at the lower centre. |
|---|---|
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| Reverse lettering | THE CENTRAL BANK OF CHINA ONE HUNDRED YUAN 1944 THOMAS DE LA RUE & COMPANY, LIMITED, LONDON |
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| Comments |
By 1944, the Central Bank of China's currency was in serious trouble. Wartime inflation driven by Japanese occupation, Nationalist government deficit financing, and the near-total disruption of the Chinese economy had begun the spiral that would render hundred-yuan denominations essentially transactional pocket change within a few years. That De La Rue in London was still producing notes for the Chungking government at this stage reflects both the Nationalist reliance on foreign printing infrastructure and the difficulty of securing adequate domestic press capacity under wartime conditions.
The P#256 series is relatively common in collector holdings, suggesting substantial print runs reached circulation before the postwar hyperinflationary collapse made the entire denomination obsolete.