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50 Yen in Gold

Uitgever Bank of Taiwan
Jaar 1921
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Samenstelling Paper (Cotton paper)
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Beschrijving voorzijde The Taiwan Grand Shrine vignette appears at right, framed within the note's layout. The bank name in Chinese characters runs along the top and left margins, with the denomination rendered in Arabic numerals and Chinese characters at all four corners and at center. An official seal is positioned at lower left beneath the bank name inscription.
Opschrift voorzijde 50 券行銀灣臺 拾五 臺 灣 銀 行 50 圓拾五 YEN 俟可相壹に引此 也申渡圓金換券 拾五 50
(Translation: Bank of Taiwan note Fifty Bank of Taiwan Fifty Yen In exchange for this note, a corresponding amount in yen shall be paid)
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Opmerkingen

The Bank of Taiwan, though nominally a commercial institution, functioned as the colonial central bank for Japanese-administered Taiwan and also underwrote much of Japan's financial expansion into southern China and Southeast Asia. Its gold-denominated notes were a deliberate instrument of that regional ambition — payable in gold yen, they were designed to circulate credibly beyond the island itself, facilitating trade across the southern Pacific rim where confidence in paper currency was fragile.

The Bureau of Engraving and Printing in Tokyo produced the series to a high technical standard, consistent with its work on metropolitan Japanese issues of the same period. High-denomination gold notes from this issuer in any grade are rarely encountered today.