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2000 Yuan Bank of Central China
| Issuer | Bank of Central China (華中銀行) |
|---|---|
| Year | 1948 |
| Type | Local banknote |
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| Obverse description | Printed in blue, the obverse carries a central vignette of a traditional arched stone bridge with a boat passing beneath, set against a temple or pavilion structure in the background. The bank title 華中銀行 (Bank of Central China) is inscribed at the top, with the denomination 貳仟圓 (2000 Yuan) repeated in large characters to either side of the vignette. The date inscription 中華民國三十七年印 (Printed in the 37th year of the Republic of China) appears at the lower centre, with an alphanumeric serial number in the upper right corner. |
|---|---|
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| Reverse description | Printed in brown-red, the reverse is dominated by an elaborate guilloche underprint with scrollwork border frames. The numeral 2000 appears in bold at the centre within an ornate cartouche, repeated in smaller form at each corner. The year 1948 is inscribed in a small panel at the lower centre beneath the central cartouche. |
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| Comments |
The Bank of Central China was a Communist Party-controlled institution established in 1945 to manage currency in the liberated zones of central China — specifically the areas under the New Fourth Army's authority. By 1948, the PLA's military position had shifted dramatically, and high-denomination notes like this 2000 Yuan were necessary to keep pace with the hyperinflationary collapse of Nationalist fiat currency, which was hemorrhaging credibility across the country.
The S-prefix in the Pick reference reflects its regional, quasi-military issuer status rather than a central banking authority. Notes from this institution were absorbed into the new Renminbi system following the establishment of the People's Bank of China in December 1948.