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100 Yuan multicolored background

Issuer Bank of Taiwan
Year 1964
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Value 100 Yuan (100 TWD)
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Obverse description Central vignette bears an intaglio portrait of Dr. Sun Yat-sen facing three-quarters left, set against a multicolored guilloche underprint in green and pink tones. The bank title 臺灣銀行 (Bank of Taiwan) is printed across the top, with the denomination 壹佰圓 (One Hundred Yuan) at centre. The Republic of China year inscription appears at the lower margin, flanked by red seal stamps, with serial number repeated at upper left and upper right.
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Reverse lettering 100 100 100 100 100
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The Bank of Taiwan functioned as the de facto central bank for the Republic of China government on Taiwan from 1949 onward, issuing currency under its own authority after the Nationalist retreat from the mainland. This 100 Yuan note belongs to a period of relative monetary stability following the hyperinflationary catastrophe of the late 1940s, when the old Taiwan Dollar had been replaced in 1949 at a rate of 40,000 to one New Taiwan Dollar — a reset that the ROC government was determined never to repeat.

The multicolored background printing on this series was a deliberate counterfeit deterrent at a time when Taiwan's security printing infrastructure was still maturing.