Catalog
See full images - free registration
Continue with Google - no registration!
or register with email
Why register? Just to keep bots out of our catalog. Your email stays private - we will never share it or send you anything uninvited. We guarantee you that!
50 Yuan
| Issuer | Central Bank of China |
|---|---|
| Year | 1945 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Paper |
| Size | Log in to see details |
| Shape | Log in to see details |
| Printer | Log in to see details |
| Designer(s) | Log in to see details |
| Engraver(s) | Log in to see details |
| In circulation to | Log in to see details |
| Reference(s) | Log in to see details |
| Obverse description | Centre vignette of Chiang Kai-shek in military uniform, set within an ornate guilloche oval frame flanked by two additional guilloche medallions bearing the denomination in Chinese characters. Red seal impressions appear at lower left and right of the central portrait, with the bank name in Chinese running horizontally across the top and the serial number printed twice in the upper field. |
|---|---|
| Obverse lettering | 中央銀行 伍拾圓 伍拾 (Translation: Central Bank of China / Fifty Yuan) |
| Reverse description | Log in to see details |
| Reverse lettering | Log in to see details |
| Signature(s) | Log in to see details |
| Protection type | Log in to see details |
| Protection description | Log in to see details |
| Variants | Log in to see details |
| Comments |
The Central Bank of China placed enormous orders with American Bank Note Company during the final years of the Second Sino-Japanese War, when domestic printing capacity was hopelessly disrupted and hyperinflationary pressure was already building. This 1945 issue arrived into an economy where the Nationalist government's money supply had expanded more than a hundredfold since 1937 — a 50 Yuan note that was already losing its practical purchasing power almost as quickly as it could be distributed.
The Pick 393 series is relatively common in surviving quantity, largely because ABNC production ran well ahead of actual demand by war's end. Many shipments reached China only after Japan's surrender in August 1945.