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100.000 Yuan
| Issuer | Central Reserve Bank of China |
|---|---|
| Year | 1945 |
| Type | Standard circulation banknote |
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|---|---|
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| Reverse description | Red-violet on pale green underprint. Central vignette of the Sun Yat-sen Mausoleum in Nanjing, viewed from the front avenue, framed by ornate guilloche columns. Denomination '100,000' appears in large numerals on both sides; 'HUNDRED THOUSAND YUAN' and year '1945' inscribed at bottom center. |
| Reverse lettering | THE CENTRAL RESERVE BANK OF CHINA HUNDRED THOUSAND YUAN 1945 |
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| Comments |
The Central Reserve Bank of China was a collaborationist institution operating under the Japanese-sponsored Wang Jingwei government in Nanjing. By 1945, with Japanese defeat imminent, the bank was printing in enormous denominations to manage catastrophic inflation — the 100,000 Yuan note being among the highest values it ever issued. The series reflects a currency in terminal collapse rather than any coherent monetary policy.
Wang Jingwei himself had died in November 1944, and the government was effectively a shell by the time these notes entered circulation. Most were rendered worthless within months when the collaborationist administration dissolved following Japan's surrender in August 1945.