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2000 Yuan Central Bank of China

Issuer Central Bank of China
Year 1945
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Value 2000 Yuan
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Obverse description Portrait of Sun Yat-sen set within an oval vignette at left, printed in green. The large denomination numeral characters 貳仟圓 appear to the right in bold script, flanked by intricate guilloche border patterns. Two red seal chops are positioned at left and right of centre, with the bank title 中央銀行 at top and the Republic year inscription along the lower margin.
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Reverse description Printed in brown, the reverse is dominated by an ornate guilloche framework with dense lathe-work patterns filling the entire field. The Arabic numeral 2000 appears in each corner and at top centre, with the Chinese characters 貳仟圓 inscribed centrally within the guilloche panel. Two vertical signature panels with printed Chinese characters appear at left and right within the design.
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Comments

The Central Bank of China Printing Works was established specifically to reduce dependence on foreign printers — Waterlow, American Bank Note Company, and others had handled Chinese government currency for decades. By 1945, wartime inflation was already catastrophic: the index that stood at 100 in 1937 had crossed 100,000 by late 1945, and denominations like this 2,000 Yuan note, unthinkable before the war, were routine emergency issues in the final months of the conflict with Japan.

Hyperinflation rendered most of these notes nearly worthless within weeks of issue, so surviving examples in any meaningful grade are less common than print runs suggest.

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