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200 Yuan Bank of Central China

Issuer Bank of Central China
Year 1946
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Reference(s) P#S3390
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Reverse description Violet-brown letterpress print. Two large guilloche rosettes bearing the numeral 200 flank a central rectangular panel with Chinese text on a fine geometric underprint. Decorative floral and scroll borders frame the entire design, with wheat ear motifs at the lateral margins and the date 1945 at lower centre.
Reverse lettering 200
1945
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Comments

The Bank of Central China was a Communist-administered regional institution operating in the Liberated Areas during the civil war period, issuing its own currency in direct competition with the Nationalist-backed Fabi and later Gold Yuan notes. These regional currencies were a deliberate economic tool — the Communists needed parallel monetary systems to fund military operations and undermine Nationalist financial authority in contested territories.

The Central Engraving and Printing Factory was the primary press serving CPC regional banks in this period, producing notes under difficult wartime conditions that frequently resulted in inconsistent ink coverage and paper quality across print runs. Collectors should expect variation between examples.

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