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5 Yuan Central Bank of China

Issuer Central Bank of China
Year 1935
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Value 5 Yuan
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Obverse description Portrait of Sun Yat-sen in an oval frame at left, set against a red guilloche underprint with floral and geometric ornamental patterns. The large Chinese numeral denomination 伍圓 (Five Yuan) appears at centre within an elaborate rosette vignette, with a blank ornamental panel at right. Vertical inscriptions at the outer margins repeat the denomination, and the bank title 中央銀行 is printed across the top.
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Reverse lettering THE CENTRAL BANK OF CHINA
PROMISES TO PAY THE BEARER ON DEMAND AT ITS OFFICE HERE
5 YUAN
LOCAL CURRENCY
CHUNGKING
1935
BUREAU OF ENGRAVING AND PRINTING CHINA
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The Central Bank of China's 1935 series marked a decisive moment in Republican monetary policy — the fabi reform of November 1935 severed the yuan's link to silver and consolidated note issuance among four government-controlled banks, of which the Central Bank was the senior authority. This note was part of that restructured currency system, replacing a chaotic mixture of provincial and foreign bank issues that had fragmented Chinese commerce for decades.

The Bureau of Engraving and Printing in Peking produced the series domestically, a deliberate break from the earlier dependence on foreign printers such as De La Rue and the American Bank Note Company.

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