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1000 Yuan
| Issuer | Federal Reserve Bank of China |
|---|---|
| Year | 1945 |
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| Value | Log in to see details |
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| Reference(s) | P#J91 |
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|---|---|
| Obverse lettering | 中國聯合準備銀行 壹仟圓 1000 (Translation: Federal Reserve Bank of China 1,000 Yuan) |
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| Reverse lettering | 壹仟圓 1000 |
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| Comments |
The Federal Reserve Bank of China was a Japanese-sponsored institution established in 1938 to manage currency in the occupied territories of north China. By 1945 the bank was issuing notes at increasingly large denominations to keep pace with wartime inflation, and this 1000 Yuan note belongs to that terminal phase — printed as the Japanese position in China was collapsing.
Redemption after the Japanese surrender was chaotic. The Nationalist government treated Federal Reserve Bank notes as enemy currency, and exchange rates imposed on holders were punitive. Survival in any grade reflects that most examples were simply discarded or destroyed in the immediate postwar period.