Catalog
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| Issuer | Central Bank of China |
|---|---|
| Year | 1942 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Yuan (1912-1948) |
| Composition | Log in to see details |
| Size | Log in to see details |
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| Printer | Log in to see details |
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| Engraver(s) | Log in to see details |
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| Obverse description | Portrait vignette of Dr. Sun Yat-sen at left, set within a lilac guilloche border with floral and palm frond ornamentation at the sides. The bank title in Chinese characters (中央銀行) is printed at the top centre, with the denomination 壹仟圓 in large characters below. Serial number appears twice in the upper field, with two red seal impressions in the lower centre; a blank watermark window occupies the right portion of the note. |
|---|---|
| Obverse lettering | Log in to see details |
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| Reverse lettering | Log in to see details |
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| Protection type | Watermark |
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| Comments |
By 1942, the Central Bank of China was printing in denominations unthinkable a decade earlier — inflation driven by wartime expenditure against Japan had forced a rapid escalation in note values throughout the early 1940s. Thomas De La Rue's London facility continued producing notes for the Nationalist government even as the war made logistics increasingly difficult, with finished notes transported under considerable risk.
The watermark is the sole security feature, modest for a De La Rue production but in keeping with the series. Forgery was a known problem — Japanese military intelligence ran organized counterfeiting operations targeting Nationalist currency specifically to destabilize the economy.