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50 Yuan Central Bank of China
| Issuer | Central Bank of China |
|---|---|
| Year | 1944 |
| 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 | 行銀央中 伍拾圓 中華民國三十三年印 (Translation: The Central Bank of China / Fifty Yuan / Printed in the 33rd year of the Republic of China) |
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| Reverse lettering | THE CENTRAL BANK OF CHINA FIFTY YUAN 1944 THOMAS DE LA RUE & COMPANY, LIMITED, LONDON 拾伍 |
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| Comments |
By 1944, wartime inflation in Free China was accelerating at a pace that made higher-denomination notes a practical necessity rather than a policy choice. The Central Bank of China had relied heavily on De La Rue for security printing throughout the war — shipping finished notes from London via circuitous routes while Japanese forces controlled much of the coast.
Pick 255 is part of a series that was rendered nearly obsolete by inflation almost immediately upon release. Within two years, denominations in the thousands and tens of thousands had become routine.