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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 |
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| Composition | Paper |
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| Obverse description | A central vignette at left presents an intaglio-engraved view of a traditional Chinese pai-lou memorial gate set amid trees and a walled enclosure. To the right, the denomination 壹百圓 (One Hundred Yuan) appears in a decorative scalloped cartouche with fine guilloche underprint. Two red seal impressions are visible at lower right, and the issuer name 中央銀行 is printed in large Chinese characters across the upper portion of the note, flanked by serial numbers in red. The border is composed of intricate geometric guilloche latticework with corner denomination numerals. |
|---|---|
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| Reverse lettering | THE CENTRAL BANK OF CHINA ONE HUNDRED YUAN 1944 ASST. GEN. MANAGER GENERAL MANAGER |
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| Comments |
By 1944, the Central Bank of China had been printing currency at a pace that bore no relationship to its gold or foreign-exchange reserves. Wartime inflation was already severe — the 100 Yuan note, once a significant denomination, had lost most of its purchasing power before many of these even left the press. The Central Trust of China's Printing Department, established partly to reduce dependence on foreign printers after the Japanese occupation disrupted supply chains, handled production domestically under difficult conditions.
Hyperinflation accelerated so sharply after the war's end that by 1947 the government was issuing notes in the millions of Yuan. This 100 Yuan was effectively obsolete within two years of printing.