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1000 Yuan
| Issuer | Central Bank of China |
|---|---|
| Year | 1949 |
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| Value | Log in to see details |
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| Composition | Log in to see details |
| Size | 148 × 63 mm |
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|---|---|
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| Reverse description | Left half of the reverse carries an engraved architectural vignette of the Central Bank of China building in Nanjing, rendered in fine line work with surrounding trees and street scene. To the right, a large guilloche medallion bears the numeral 1000 and the English legend ONE THOUSAND GOLD YUAN. Two facsimile signatures appear below the medallion, captioned GENERAL MANAGER and GOVERNOR respectively, with the year 1949 inscribed at the base. |
| Reverse lettering | THE CENTRAL BANK OF CHINA ONE THOUSAND GOLD YUAN 1000 1949 GENERAL MANAGER GOVERNOR |
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| Comments |
By early 1949, the Nationalist government's monetary system was in terminal collapse. The Gold Yuan reform of 1948 had already failed catastrophically, and notes like this 1000 Yuan issue were being printed and spent faster than they could move through the economy. The Central Printing Factory was operating under severe resource and logistical constraints as Communist forces advanced, which affected output consistency across the series.
Pick 412 belongs to the final convulsive phase of Republican currency — printed in enormous quantities, circulated briefly, and rendered worthless within months. High face values that would have seemed extraordinary just years earlier were routine by this point.