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50 Cents

发行方 Central Reserve Bank of China
年份 1940
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尺寸 124 × 66 mm
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印刷机构 登录 以查看详情
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正面铭文 登录 以查看详情
背面描述 Printed in brown, the reverse is dominated by an elaborate guilloche composition centred on a radiant sunburst medallion framed by scrollwork and floral ornaments. The denomination numerals '50' appear in large figures at left and right within lobed cartouches, with 'FIFTY CENTS' inscribed on a central band. Facsimile signature panels for the Governor (lower left) and Vice Governor (lower right) are set within decorative frames below the central vignette.
背面铭文 THE CENTRAL RESERVE BANK OF CHINA
50
FIFTY CENTS
50
GOVERNOR
VICE GOVERNOR
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The Central Reserve Bank of China was a Japanese-sponsored institution established in Nanjing in 1941 under the Wang Jingwei collaborationist regime — which creates an immediate dating puzzle. Notes carrying a 1940 date were issued under the authority of a bank that did not formally exist until the following year, reflecting the transitional bureaucratic chaos as Japanese occupation forces displaced the existing Chiang Kai-shek currency infrastructure across occupied territories.

The J-prefix in the Pick reference denotes Japanese occupation issues, a cataloguing distinction that matters for provenance. Circulated alongside — and deliberately designed to displace — Nationalist fabi currency, these lower denominations bore the heaviest use and survival rates for well-worn examples are high.

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