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5 Yuan Central Bank of China
| Issuer | Central Bank of China |
|---|---|
| Year | 1937 |
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| Composition | Log in to see details |
| Size | 150 x 74 mm |
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| Obverse description | A large archaic bronze ritual vessel (ding) vignette occupies the left portion of the note, rendered in green intaglio against a geometric guilloche underprint. To the right, a circular portrait medallion contains the bust of Sun Yat-sen facing slightly left. Serial numbers appear in the upper left and upper right corners, with the bank name in Chinese characters across the top. |
|---|---|
| Obverse lettering | 行銀央中 圓伍 印年六十二國民華中 (Translation: Central Bank of China Five Yuan Printed in the 26th year of the Republic of China) |
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| Comments |
The Central Bank of China Printing Works had been producing notes domestically since the early 1930s, reducing dependence on foreign printers like American Bank Note Company and Waterlow & Sons that had dominated earlier issues. By 1937, that capability was about to be tested severely — the Second Sino-Japanese War began that same year, and the Central Bank was forced into a series of increasingly chaotic relocations, eventually moving operations to Chongqing as Japanese forces took Shanghai and Nanjing.
Notes of this series were printed in substantial quantities and remained in circulation well into the wartime inflation period, when their face value became increasingly nominal.