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| 表面の銘文 | 行銀央中 圓拾伍 印年四十三國民華中 廠海上廠製印央中 (Translation: The Central Bank of China 50 Yuan Printed in the 34th year of the Republic of China Central Engraving and Printing Plant, Shanghai Factory.) |
| 裏面の説明 | The reverse is printed in monochrome red and displays a central guilloche rosette medallion set within an ornate lozenge-shaped frame, flanked by the numeral 50 on both sides. The denomination 伍拾圓 appears in large characters at centre, with two vertical signature columns in Chinese script positioned to the left and right of the central design. The entire composition is enclosed within a scalloped and hatched decorative border with corner denomination panels. |
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This note was issued in the final year of the Second Sino-Japanese War, when the Central Bank of China was printing currency at a pace it could not sustain. By 1945, wartime spending had already set inflation on a trajectory that would become catastrophic within three years — the 50 Yuan denomination, significant in 1940, was losing practical meaning fast.
The Central Engraving and Printing Plant had been relocated and reconstituted during the war years, its output shaped as much by material shortages as by design intentions. Notes from this period frequently show uneven ink distribution and variable paper quality as a result.