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50 Yuan Bank of Central China
| Issuer | Bank of Central China (華中銀行) |
|---|---|
| Year | 1945 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Yuan (1935-1946) |
| Composition | Log in to see details |
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| Obverse description | Brown-purple print on pale ground. Central vignette occupies the right portion of the note with a large sailing vessel on rough seas and a biplane in flight above; the scene is rendered in a detailed illustrative style. The denomination 伍拾圓 appears in a guilloche-bordered panel at center-left, with the bank title 華中銀行 across the top, denomination numerals 伍拾 repeated in the four corners, and a signature at lower left. |
|---|---|
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| Reverse lettering | 50 華中銀行 伍拾圓 |
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| Comments |
The Bank of Central China was a Japanese puppet institution established in 1938 to manage currency in the occupied Yangtze River valley. By 1945, the entire puppet banking structure was collapsing in step with Japan's military position — notes issued this late in the war circulated into a monetary environment of extreme inflation and public distrust, with many residents preferring commodity barter or Nationalist-area currency at significant premium.
The S-prefix Pick number places this firmly in the specialized rather than mainstream catalog — a classification that sometimes undersells circulation reality. These notes moved through markets in Wuhan, Nanjing, and surrounding occupied territories whether anyone trusted them or not.