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5 Yuan Bank of Central China
| Issuer | Bank of Central China |
|---|---|
| Year | 1946 |
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| Currency | Yuan (1946-1949) |
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| Obverse description | Orange-red letterpress print on uncoloured paper. Central vignette shows a bugler in military uniform standing before a section of the Great Wall, with a rifle at his side. The denomination 伍圓 appears in floral cartouches at left and right, with the bank name 華中銀行 at top centre, serial number at upper left, and the Republic of China year inscription 中華民國三十五年 along the lower margin; two red seal impressions appear in the lower centre field. |
|---|---|
| Obverse lettering | 華中銀行 伍圓 中華民國三十五年 中華印務 |
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| Comments |
The Bank of Central China was a regional institution established under Nationalist (Kuomintang) authority to manage currency in the recovered central Chinese territories following Japan's surrender in 1945. The 1946 issues appeared during a transitional window when multiple regional banks were simultaneously issuing notes, creating a chaotic multi-issuer environment before the Central Bank of China consolidated control.
Hyperinflationary pressure was already building by late 1946, and denominations like this 5 Yuan were rendered economically marginal within months of issue. Surviving examples in any condition are less common than the inflation-era high denominations that followed.