3 Sen

The Taiwan Government-General currency notes of 1918 occupy an odd administrative niche: these were not Bank of Taiwan issues but direct government scrip, produced locally during a period when small-denomination coinage was chronically short in circulation. Sen-denomination notes of this type were a practical response to the hoarding of copper and bronze coin, a pattern repeated across Japanese-controlled territories during the First World War, when base metals were being diverted to munitions production.

Local printing at this scale was unusual for the colonial administration, which typically relied on more centralized facilities for currency production.