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5 Cents
| Issuer | Central Reserve Bank of China |
|---|---|
| Year | 1940 |
| Type | Standard circulation banknote |
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| Obverse description | The obverse is printed in green and displays a vignette of the Sun Yat-sen Mausoleum in Nanjing to the right, with broad ceremonial staircases rendered in fine line engraving. A large guilloche rosette at centre-left carries the Chinese numeral denomination 伍分 in bold relief, while four ornamental corner cartouches each repeat the denomination in Chinese characters. The bank title 中央儲備銀行 appears in a horizontal legend at the top, and a rectangular panel at the lower centre bears the Republican era date inscription 中華民國二十九年. |
|---|---|
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| Reverse lettering | THE CENTRAL RESERVE BANK OF CHINA FIVE CENTS CENTS WATSON PRINTING COMPANY |
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| Comments |
The Central Reserve Bank of China was a puppet institution established in March 1941 under the Wang Jingwei collaborationist regime in Japanese-occupied Nanjing — which creates an immediate problem with a 1940 date, as the bank did not formally begin operations until the following year. Notes dated 1940 in this series are understood to reflect the intended establishment date rather than actual issue, a common practice in provisional currency planning of this period.
Watson Printing Company was a Shanghai-based firm, one of several local printers pressed into service for occupation-era currency production after access to international security printers was severed by wartime conditions.