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50 Yuan Bank of Taiwan, offset panel
| Issuer | Bank of Taiwan |
|---|---|
| Year | 1972 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | New dollar (1949-date) |
| Composition | Log in to see details |
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| Engraver(s) | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | 50 拾伍 （Wǔ shí） 50 國民華中（Zhōnghuá Mínguó ） 圓拾伍（Wǔshí Yuán） 50 行銀灣臺（Táiwān Yínháng） 拾伍 （Wǔshí）50 厰製印央中 （Zhōngyāng yìn zhì chǎng） (Translation: 50 Fifty 50 Republic of China Fifty Yuan 50 Bank of Taiwan Fifty 50 Central Printing Factory) |
| Reverse description | Log in to see details |
| Reverse lettering | 圓拾伍（Wǔshí Yuán） 50 版製年一十六國民華中 （Zhōnghuá Mínguó liùshíyī nián zhìbǎn） 50 圓拾伍（Wǔshí Yuán） (Translation: Fifty Yuan 50 The 61st year of the Republic of China 50 Fifty Yuan) |
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| Comments |
The Bank of Taiwan operated as a quasi-central bank for the Republic of China government on Taiwan throughout the postwar decades, issuing currency independently of the Central Bank of China, which had been formally suspended from note-issuing functions in 1949. This arrangement persisted until 1961 when the Central Bank resumed operations — yet Bank of Taiwan notes continued circulating alongside Central Bank issues well into the 1970s, creating an unusual dual-issuer situation for a single currency system.
The "offset panel" designation distinguishes this 1972 printing from earlier intaglio-heavy variants in the series, reflecting a broader shift toward offset lithography at the Central Printing Factory during this period. Watermark security was retained, but the tactile depth characteristic of engraved notes is absent.