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20 Yuan Central Bank of China

Issuer Central Bank of China
Year 1941
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Reference(s) P#240
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Reverse description Intricate symmetrical guilloche design in brown and tan, centred on a large numeral '20' within a complex lathe-work rosette. The numeral panels '20' repeat in each corner within decorative frames. Two facsimile signatures appear at lower left and lower right, attributed to the Assistant General Manager and General Manager respectively. The date '1941' is set within a panel at lower centre, with the printer's imprint below.
Reverse lettering THE CENTRAL BANK OF CHINA TWENTY YUAN 1941 SECURITY BANKNOTE COMPANY
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Comments

The Central Bank of China's 1941 issues were produced under considerable logistical strain — by this point Japan's occupation of much of coastal China had severed access to the established European and domestic printers the Nationalist government had long relied upon. Contracting the Security Banknote Company of Philadelphia was a practical wartime solution, part of a broader American-aided effort to keep Chongqing's monetary apparatus functioning.

The question mark on SBNC's date range in the record reflects genuine uncertainty about when the contract began — not all printing agreements from this period were formally documented in surviving archives.

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