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50 Fen
| Issuer | Federal Reserve Bank of China |
|---|---|
| Year | 1938 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Yuan |
| Composition | Log in to see details |
| Size | Log in to see details |
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| Printer | Log in to see details |
| Designer(s) | Log in to see details |
| Engraver(s) | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Printed entirely in rose-pink on cream paper, the reverse is dominated by a dense guilloche underprint composed of interlocking floral rosette panels. Large Chinese characters for the denomination (伍角) appear at left and right, with the English inscription FIFTY FEN centred on a horizontal band across the middle. The bank title runs along the top margin and the printer's imprint appears at the foot. |
| Reverse lettering | 行銀備準合聯國中 印製局刷印會員委政行 (Translation: United Reserve Bank of China / Government Administration Committee Printing Bureau) |
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| Comments |
The Federal Reserve Bank of China was a Japanese puppet institution established in Peiping in March 1938, created specifically to manage currency in Japanese-occupied northern China. Its notes displaced the fabi — the Nationalist legal tender — through a combination of administrative force and exchange mechanisms that compelled civilians to convert. The 50 Fen denomination served the lower end of daily commerce in an economy deliberately kept dependent on Japanese-controlled monetary infrastructure.
The J-prefix in the Pick reference signals its classification among Japanese occupation issues, a distinction that matters for provenance.