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50 Fen
| Issuer | Central Bank of Manchukuo |
|---|---|
| Year | 1932 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Log in to see details |
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| Shape | Rectangular |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | 滿洲中央銀行 五角 50 FEN |
| Reverse description | Printed entirely in green, the reverse is dominated by a large oval guilloche panel containing a multi-column Chinese text inscription on a fine lathe-work ground, set within an elaborate scrollwork frame. The surrounding field consists of intricate engine-turned guilloche patterns extending to a plain unprinted border. The inscription records the legal authority and date of issue under the Manchukuo currency ordinance. |
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| Comments |
Manchukuo's first paper currency series, issued within months of the state's proclamation in March 1932, was a deliberate move to displace the chaotic mixture of Chinese provincial notes, Japanese military scrip, and private bank paper that had been circulating across the northeast. The Central Bank of Manchukuo was established in June 1932, making this among the earliest notes it produced.
Small-denomination fen notes saw heavy use in a region where Japanese-controlled commerce depended on fractional currency for daily transactions. Survival rates for well-circulated examples are accordingly poor.