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1000 Yuan Central Bank of China
| Issuer | Central Bank of China |
|---|---|
| Year | 1945 |
| Type | Standard circulation banknote |
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| Obverse description | Portrait of Sun Yat-sen in three-quarter view within a circular vignette at left, set against a fine guilloche underprint of repeated denomination numerals across the entire field. The central panel carries the large Chinese characters 壹仟圓 (One Thousand Yuan) in bold relief. Serial number appears twice in the upper margin flanking the bank title 中央銀行, with the date inscription 中華民國三十四年印 at the lower centre. |
|---|---|
| Obverse lettering | 中央銀行 壹仟圓 中華民國三十四年印 (Translation: Central Bank of China / One Thousand Yuan / Printed in the 34th year of the Republic of China) |
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| Comments |
By 1945, the Central Bank of China was printing currency at a pace that outstripped any meaningful backing. This 1000 Yuan note entered circulation during the final year of the Second Sino-Japanese War, when hyperinflationary pressure was already hollowing out the Fabi — the legal tender currency introduced in 1935. A denomination of 1000 Yuan, once unthinkable, had become a routine transactional unit.
The Central Bank's Shanghai printing works produced enormous runs of this series. Survival rates are high precisely because purchasing power collapsed so rapidly that notes were hoarded in bundles rather than spent individually.