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50 Yuan Central Bank of China
| Issuer | Central Bank of China |
|---|---|
| Year | 1945 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Log in to see details |
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| Printer | Log in to see details |
| Designer(s) | Log in to see details |
| Engraver(s) | Log in to see details |
| In circulation to | Log in to see details |
| Reference(s) | P#378 |
| Obverse description | A circular vignette at left frames a city gate rendered in fine line engraving, set against a pink and red guilloche underprint. The denomination 伍拾圓 (Fifty Yuan) appears in large Chinese characters at centre-right, flanked by serial number panels. Bank and issue titles run across the upper register, with the date inscription and printer credit along the lower margin. |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Log in to see details |
| Reverse lettering | 伍 拾 圓 (Translation: Fifty Yuan) |
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| Comments |
The Central Bank of China's 1945 issues came at a moment when Nationalist currency was already under serious inflationary pressure — the wartime money supply had expanded so aggressively that public confidence in fiat notes was eroding faster than new denominations could be introduced. A 50 Yuan note, which would have been a substantial sum just a few years earlier, was losing purchasing power rapidly by the time these sheets left the Shanghai factory.
The Central Engraving and Printing Plant's Shanghai facility had operated under Japanese occupation and was only returned to Nationalist control in late 1945 following Japan's surrender. Notes produced in this transitional window carry an ambiguous provenance — same presses, new authority.