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100 Yuan

Issuer Central Reserve Bank of China
Year 1942
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Reference(s) P#J14
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Obverse lettering 行銀備儲央中
圓百壹 - 圓百壹
圓百壹幣國國民華中
印年一十三國國民華中
Reverse description Central architectural vignette of the Sun Yat-sen Mausoleum (中山陵) in Nanjing, rendered in fine line engraving within a framed arch flanked by ornate guilloche rosettes bearing the numeral 100. The bank title THE CENTRAL RESERVE BANK OF CHINA is inscribed across the upper border, with the denomination ONE HUNDRED YUAN in a cartouche at the foot of the central vignette. Two facsimile signatures appear at lower left and right, identified as Vice Governor and Governor respectively, with the date 1942 in a tablet at the base.
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Comments

The Central Reserve Bank of China was a puppet institution established by the Japanese-backed Wang Jingwei regime in Nanjing in 1941. Its notes circulated under occupation conditions in regions of central and eastern China, and this series was printed well after the stated face date — a deliberate policy of pre-dating that allowed the regime to obscure the pace and scale of its emissions as wartime inflation accelerated.

F.H. Chow served as Governor throughout much of the bank's short existence, which ended abruptly with Japan's surrender in August 1945. Notes printed in April of that year never saw meaningful circulation.

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