Catalog
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| Issuer | Central Bank of China |
|---|---|
| Year | 1945 |
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| Printer | Ta Tung Book Co., Shanghai |
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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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| Obverse lettering | 行銀央中 圓佰伍仟貳 年四十三國民華中 (Translation: Central Bank of China Two Thousand Five Hundred Yuan Printed in the 34th year of the Republic) |
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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.