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1000 Yuan Bank of Central China
| Issuer | Bank of Central China |
|---|---|
| Year | 1948 |
| Type | Log in to see details |
| Value | 1000 Yuan |
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| Composition | Log in to see details |
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| Obverse description | Pale blue print. Central vignette of a steam passenger train at right, with electricity pylons at left. Denomination numeral and Chinese inscriptions framed within ornamental border. |
|---|---|
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| Reverse lettering | 1000 1948 |
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| Comments |
The Bank of Central China (中央银行) was a Communist-administered regional bank operating in the liberated zones of Hubei, Hunan, and Jiangxi during the final phase of the civil war. Notes from this institution were transitional instruments — issued as Nationalist authority collapsed across central China but before the People's Bank of China had consolidated currency control across the region. The 1948 high-denomination issues reflect accelerating inflation that had already rendered lower values functionally useless.
Regional Communist bank notes from this period were typically printed under difficult conditions with limited equipment, and survival rates vary sharply depending on how quickly a given district was absorbed into the unified renminbi system after 1949. Many were withdrawn and pulped almost immediately upon consolidation.