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1000 Yuan Bank of China

Issuer Bank of China
Year 1942
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Value 1000 Yuan
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Obverse description A portrait of Sun Yat-sen is set within an oval vignette at left, against an intricate guilloche underprint in green. The central panel carries the denomination characters 壹仟圓 within an ornate frame, with the bank title 中國銀行 across the top and the date inscription 中華民國三十一年 below. Vertical denomination panels reading 壹仟 appear at each corner.
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Reverse lettering BANK OF CHINA
1000
ONE THOUSAND YUAN
1942
AMERICAN BANK NOTE COMPANY
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Comments

The Bank of China was one of four government-affiliated banks operating in Nationalist China during the Second Sino-Japanese War, and by 1942 it was operating under increasingly constrained conditions as Japanese forces controlled much of the eastern seaboard. Having plates printed by the American Bank Note Company in New York was not unusual for Chinese institutions — ABNC had handled Chinese government printing contracts for decades — but the logistics of getting finished notes from New York to Free China by 1942 were genuinely complicated, with Pacific shipping routes effectively closed after Pearl Harbor.

The 1000 Yuan denomination reflects the inflation already accelerating through the wartime Nationalist economy, a spiral that would eventually render such notes nearly worthless by the late 1940s.

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