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1000 Yuan Bank of Central China
| Issuer | Bank of Central China |
|---|---|
| Year | 1948 |
| Type | Local banknote |
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| Obverse description | Black letterpress print on a light ground. A vignette at centre right portrays the Summer Palace hillside with its characteristic tiered tower rising above the wooded slopes. The denomination 壹仟圓 is inscribed within an ornate guilloche cartouche at left, with corner numerals reading 仟壹. The bank title 華中銀行 appears across the top, flanked by decorative scrollwork borders, with two red seal stamps at lower centre. |
|---|---|
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| Reverse description | Brown letterpress print. A central rectangular vignette presents a lakeside pagoda rising along the shoreline at centre right, rendered in fine line engraving within a decorative frame. Large numeral guilloche panels bearing '1000' occupy the left and right thirds of the note, surrounded by intricate lathe-work borders. The overall layout is symmetrical with ornamental corner pieces. |
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| Comments |
The Bank of Central China (中州农民银行, reorganized and renamed by 1948) was a Communist Party regional bank operating in the Central Plains liberated zones. These high-denomination notes were printed under wartime conditions during the final phase of the Chinese Civil War, when Nationalist forces were collapsing across Henan, Hubei, and Anhui provinces. The Communist regional banking system issued large denominations partly to absorb the hyperinflationary damage done by Nationalist currency, which had rendered smaller notes functionally worthless in liberated territory.
Regional Communist-issued notes of this period were typically withdrawn and demonetized quickly after the People's Bank of China consolidated currency issuance in 1949, which limits surviving populations significantly.