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100 Yuan
| Issuer | Central Reserve Bank of China |
|---|---|
| Year | 1943 |
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| Reference(s) | P#J21 |
| Obverse description | Dark olive-green intaglio print on multicolor guilloche underprint. A portrait vignette of Sun Yat-sen occupies the center of the note, framed by ornate scrollwork borders. Chinese inscriptions identify the issuing bank, denomination, and the Republican calendar year of printing. |
|---|---|
| Obverse lettering | 中央儲備銀行 壹百圓 中華民國國幣壹百圓 中華民國三十二年印 (Translation: Central Reserve Bank of China 100 Yuan 100 Yuan national currency of the Republic of China Printed in the 32nd year of the Republic of China) |
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| Comments |
The Central Reserve Bank of China was a Japanese-sponsored institution operating out of occupied Nanking, established in 1941 to supplant Chiang Kai-shek's Nationalist currency and draw occupied territories away from the fabi. By 1943 the bank was issuing notes in rapid succession at higher denominations to keep pace with accelerating wartime inflation — a problem that would only worsen dramatically in the final years of the occupation.
Notes of this series were declared void after Japan's surrender in August 1945, rendering the entire circulation worthless overnight.