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5 Yuan Central Bank of China

Issuer Central Bank of China
Year 1941
Type Standard circulation banknote
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Obverse description An intaglio-engraved oval vignette of Sun Yat-sen occupies the right portion of the face, set against an elaborate guilloche underprint in green. The denomination 伍圓 is inscribed in a central cartouche framed by scrollwork, with the numeral repeated in each corner; the issuer's name 中央銀行 appears at top centre above a red serial number. Two red seal chops flank the central vignette.
Obverse lettering 中央銀行
伍圓

中華民國三十年
(Translation: Central Bank of China / Five Yuan / Year 30 of the Republic of China)
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Comments

By 1941, the Central Bank of China was operating under extraordinary pressure — the Nationalist government had relocated to Chongqing following Japanese advances, and the printing infrastructure moved with it. Chung Hwa Book Co., one of the few domestic printers capable of sustained banknote production under wartime conditions, took on an increasing share of the currency workload as access to foreign security printers became effectively impossible.

Wartime inflation was already accelerating badly. Notes of this denomination entered circulation quickly and wore out quickly, which makes clean survivors harder to find than the large original print runs might suggest.

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