Catalog
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| Issuer | Central Reserve Bank of China |
|---|---|
| Year | 1943 |
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| Value | Log in to see details |
| Currency | Yuan |
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| 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. |
|---|---|
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| Reverse description | Printed in light and dark green tones, the reverse centers on an intaglio vignette of the Sun Yat-sen Mausoleum in Nanjing, rendered with fine architectural detail showing the grand stairway approach and ceremonial hall. Denomination numerals "100" appear in ornate cartouches at left and right, flanking the central vignette within an elaborate guilloche border frame. Two facsimile signatures appear below the vignette, those of the Governor and Vice Governor, with the date "1943" at the foot. |
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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.