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50 Yuan Bank of Central China
| Issuer | Bank of Central China |
|---|---|
| Year | 1945 |
| Type | Log in to see details |
| Value | 50 Yuan |
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| Composition | Log in to see details |
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|---|---|
| Obverse lettering | 華中銀行 伍拾圓 中華民國三十四年 華中鈔印 |
| Reverse description | Blue intaglio print with an elaborate guilloche centre panel dominated by a large interlaced numeral 50 flanked by two octagonal 50 counters. The bank title THE BANK OF CENTRAL CHINA runs in a straight legend at the top, with the denomination FIFTY YUAN and the year 1945 inscribed at the bottom centre. Corner medallions each carry the numeral 50, and the entire design is enclosed within a dense geometric lathe-work border. |
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| Comments |
The Bank of Central China was a puppet institution established under the Wang Jingwei regime's orbit, operating in Japanese-occupied central China during the Second Sino-Japanese War. By 1945, when this note was issued, the Japanese military position in China was deteriorating rapidly — the currency it backed was already in freefall against both the Nationalist fabi and commodity prices in the occupied zones.
Chung Hwa Book Company, one of China's major commercial printers, produced notes for multiple competing authorities during this period, a pragmatic arrangement that was not unusual given wartime conditions. Notes from this late-war issue rarely saw sustained circulation before the regime's collapse.