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2 Jiao 5 Fen / 25 Cents Central Bank of China
| Issuer | Central Bank of China |
|---|---|
| Year | 1931 |
| Type | Log in to see details |
| Value | 2 Jiao 5 Fen = 25 Cents (0.25) |
| Currency | Log in to see details |
| Composition | 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 |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | The reverse is printed in blue and presents a bold numeral 25 at centre within an intricate guilloche medallion, flanked by two manuscript signatures above the printed designations of their respective offices. The legend THE CENTRAL BANK OF CHINA runs along the top border, and TWENTY FIVE CENTS appears in a solid panel along the bottom. Repeating numerals 25 fill the side borders as a latent security underprint, and the printer's imprint CHUNG HWA BOOK CO. LTD. is present at the foot of the note. |
| Reverse lettering | THE CENTRAL BANK OF CHINA 25 TWENTY FIVE CENTS CHUNG HWA BOOK CO. LTD. |
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| Comments |
The Central Bank of China's 1931 fractional issues were printed domestically by Chung Hwa Book Co. at a moment when the Nationalist government was actively trying to consolidate currency authority away from the proliferating provincial and commercial banks that had long dominated Chinese note circulation. Chung Hwa, better known as a publisher, had expanded into security printing and handled several government contracts during this period — a reminder that the boundary between commercial printing and banknote production was more porous in Republican China than elsewhere.
The 25-cent denomination reflects the bimetallic realities of the time: fractional notes were issued partly because small silver coinage was being hoarded and melted as silver prices fluctuated ahead of China's eventual abandonment of the silver standard in 1935.