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50 Yuan

Uitgever Central Bank of China
Jaar 1948
Type Standard circulation banknote
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Beschrijving voorzijde Central vignette of Chiang Kai-shek in military uniform, framed by two ornate rosette guilloche medallions bearing the denomination 伍拾圓 in Chinese characters. The bank title 中央銀行 appears across the top in a horizontal band, with the denomination 伍拾 repeated vertically at each corner. Serial numbers are printed in brown at upper left and upper right, with a plate letter and number at lower centre.
Opschrift voorzijde 中央銀行
伍拾圓
伍拾
(Translation: Central Bank of China / Fifty Yuan)
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Opmerkingen

By mid-1948, the Central Bank of China was printing currency at a pace that made denomination planning almost meaningless. The 50 Yuan note arrived just as the Gold Yuan reform was being prepared — the currency it supported was already collapsing under hyperinflation so severe that monthly price increases were reaching triple digits. A 50 Yuan note had negligible purchasing power almost from the moment of issue.

The Chung Hwa Book Company, better known as a major Shanghai publisher and printer, handled significant portions of Republican-era note production. Their involvement reflects how far the government had to spread printing contracts to keep up with volume demands in the final years of Nationalist monetary control.

MISSCHIEN OOK INTERESSANT