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1000 Yuan Central Bank of China
| Issuer | Central Bank of China |
|---|---|
| Year | 1947 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Log in to see details |
| Size | Log in to see details |
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| Printer | Log in to see details |
| Designer(s) | Log in to see details |
| Engraver(s) | Log in to see details |
| In circulation to | Log in to see details |
| Reference(s) | P#382 |
| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | 中央銀行 東北九省流通券 壹仟圓 中華民國三十六年印 中央印製廠上海廠 (Translation: Central Bank of China / Circulation Notes for the Nine Northeastern Provinces / One Thousand Yuan / Printed in the 36th Year of the Republic of China / Central Engraving and Printing Plant, Shanghai Factory) |
| Reverse description | Log in to see details |
| Reverse lettering | 壹仟圓 局長 梁平 副局長 田伪雄 1000 (Translation: One Thousand Yuan / Director: Liang Ping / Deputy Director: Tian Wei Xiong / 1000) |
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| Comments |
By 1947, the Central Bank of China was printing currency in volumes that bore no relationship to any productive economic base. This 1,000 Yuan note entered circulation during the hyperinflationary spiral that would ultimately force the Nationalist government to issue the Gold Yuan in 1948 — a redenomination that wiped out the old Fabi at a ratio of 3,000,000 to one. Notes of this denomination, enormous by 1940 standards, had become functionally inadequate within months of issue.
The Central Engraving and Printing Plant's Shanghai factory was working under considerable duress during this period, with Communist forces advancing and raw material supplies increasingly unreliable.