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50 Yuan Central Bank of China

Issuer Central Bank of China
Year 1944
Type Standard circulation banknote
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Obverse description Portrait vignette of Sun Yat-sen at left, set within an oval frame against a fine guilloche underprint, with the large denomination characters 伍拾圓 occupying the centre of the note. The issuer title 行銀央中 appears across the top, with denomination panels at each corner and two red seal impressions at lower centre-right. The date inscription 印年三十三國民華中 is printed along the lower margin.
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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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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.

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