| Ön yüz açıklaması |
Portrait of Sun Yat-sen in an oval intaglio vignette at centre, set within a decorative guilloche border. The denomination 伍圓 appears in large Chinese characters below the portrait, with the serial number printed twice in red. Red seal inscriptions reading 限馬祖地區通用 (restricted for use in Matsu area) appear in vertical panels on both left and right sides, identifying this as a regional issue. |
| Ön yüz lejandı |
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| Arka yüz açıklaması |
A vignette of the Bank of Taiwan building occupies the upper portion of the note, rendered in fine line engraving with figures and street scene in the foreground. A large numeral 5 within a circular guilloche rosette is centred below, flanked by the denomination FIVE YUAN in English letterpress. The issuer name BANK OF TAIWAN appears at the top with Chinese characters 馬 and 祖 in red on either side, and the year 1955 is printed at the foot. |
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The Bank of Taiwan functioned as a de facto central bank for the Republic of China government after its retreat to Taiwan in 1949 — the island had no separate central bank until 1961. This note was printed entirely in-house at the bank's own facility, an arrangement that gave Taipei direct control over currency production at a politically sensitive moment when any dependence on foreign printers would have carried real strategic risk.
P#121 is among the smaller-format issues of the 1955 series, with a watermark as the sole mechanical security feature — modest by contemporary international standards, but consistent with the austerity of Taiwan's post-retreat monetary infrastructure.