50 Yuan Bank of China

The Bank of China's 1942 issues were produced under extraordinary pressure — the fall of Hong Kong in December 1941 had disrupted the colony's printing infrastructure entirely, yet this note lists Dah Tung Book Co. as printer and Hong Kong as place of printing, which almost certainly means the plates and stock were prepared or committed before the Japanese occupation, with some sources attributing the actual production to Dah Tung's operations that had relocated or were completed just prior to the handover.

Pick 98 is among the scarcer denominations of the wartime Bank of China series. The 1942 date places it squarely in the period when the Nationalist government's currency was fighting hyperinflationary pressure on the mainland, and high-denomination notes like this 50 Yuan were increasingly needed just to conduct routine transactions.