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1000 Yuan Central Bank of China

Issuer Central Bank of China
Year 1945
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Size 154 × 65 mm
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Reverse description The reverse is printed in brown and features an elaborate central guilloche rosette with the Chinese characters 壹仟圓 at its center, flanked by the numeral 1000 in large figures on both left and right. Ornate scrollwork and floral corner pieces frame the entire design, with the issuer name 中央銀行 at top center and repeated denomination inscriptions in Chinese throughout the border. Signature lines for the General Manager and Governor appear at the lower center, printed in English.
Reverse lettering 行銀央中 法 幣 圓仟壹
(Translation: The Central Bank of China Fiat money One Thousand Yuan)
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Comments

The Central Bank of China leaned heavily on American Bank Note Company throughout the 1940s, partly because domestic printing capacity was perpetually disrupted by the war with Japan and the concurrent pressure of Communist forces. By 1945, the Nationalist government's finances were deteriorating rapidly — inflation that had been manageable in the early war years was becoming structural, and denominations were climbing accordingly. A 1,000 Yuan note, which would have seemed extraordinary in 1940, was already losing ground to purchasing power by the time it reached circulation.

ABNC's New York facility produced this series to a consistently high technical standard, which created a grim irony: the printing quality outlasted the currency's value by years.

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