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200 Yuan Bank of Central China
| Issuer | Bank of Central China (華中銀行) |
|---|---|
| Year | 1946 |
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| Value | Log in to see details |
| Currency | Yuan (1946-1949) |
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|---|---|
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| Reverse description | Yellow-orange print with an elaborate guilloche underprint covering the entire field. The denomination '200' appears in large numerals at each corner and along the borders, set within interlocking lace-pattern underprint work. The overall design is purely typographic and ornamental, with no pictorial vignette. |
| Reverse lettering | 200 |
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| Comments |
The Bank of Central China was established in 1945 as the Communist Party's regional financial authority for the Huainan and Huaibei base areas, operating in direct competition with the Nationalist government's currency network during the resumed civil war. The 200 Yuan denomination places this note in the inflationary upper register of the series — by 1946, the base areas required increasingly large face values simply to sustain routine transactions as Nationalist-issued fabi depreciated and Communist zones maintained parallel price structures.
The S-prefix in the Pick reference signals its classification as a regional or semi-official issue, a distinction that mattered enormously at the time: Nationalist authorities treated these notes as illegal tender, and possession in KMT-controlled territory carried real consequences.