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2500 Yuan Central Bank of China

Issuer Central Bank of China
Year 1945
Type Standard circulation banknote
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Obverse description Portrait of Sun Yat-sen in an oval vignette at left, set within an ornate guilloche border with floral corner medallions. The note is printed in dark blue on plain paper, with the denomination in large Chinese characters set against a central guilloche panel, and red serial numbers and official seals appearing at upper centre and sides. The issuer name 中央銀行 runs along the top, with the Republican year inscription along the lower centre.
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Reverse description Printed in olive-green on plain paper, the reverse is dominated by an elaborate central guilloche panel bearing the denomination in large Chinese characters, flanked by symmetrical floral rosette underprints. The four corners display the numeral 2500 within scalloped cartouches, and two vertical columns of Chinese characters to the left and right of centre carry the printed facsimile signatures of bank officials.
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Comments

The 2500 Yuan denomination was introduced in 1945 as hyperinflation was already consuming the Nationalist currency. The Central Bank of China had been printing in ever-larger denominations since the early 1940s, when wartime expenditure and Japanese occupation of coastal economic centers destroyed any realistic relationship between the money supply and available goods. Ta Tung Book Co. handled a substantial portion of this late-war output from Shanghai, operating under conditions that were themselves unstable as the war moved toward its conclusion.

The denomination itself — 2500 Yuan — is an awkward figure that signals fiscal desperation more clearly than any round number could.

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