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| Issuer | Central Bank of China |
|---|---|
| Year | 1928 |
| Type | Log in to see details |
| Value | 50 Yuan = 50 Dollars |
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|---|---|
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| Reverse description | The reverse is printed in dark blue-grey intaglio on a light ground, with an intaglio portrait of Sun Yat-sen set within a fine engine-turned oval medallion at centre. Large numeral 50 counters appear to the left and right of the portrait, surrounded by intricate guilloche lathe-work panels. Two facsimile signatures appear below the portrait — Asst. Manager at left and General Manager at right — with the denomination tablet FIFTY DOLLARS NATIONAL CURRENCY and the branch designation CHUNGKING 1928 centred below. |
| Reverse lettering | THE CENTRAL BANK OF CHINA PROMISES TO PAY THE BEARER ON DEMAND AT ITS OFFICE HERE FIFTY DOLLARS NATIONAL CURRENCY. CHUNGKING 1928 AMERICAN BANK NOTE COMPANY. |
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| Comments |
The Central Bank of China was formally established in 1928 under the Nationalist government, and this 50 Yuan note belongs to that inaugural emission — one of the first issues carrying the new institution's name as Chiang Kai-shek's administration attempted to consolidate financial authority across a deeply fractured country. The American Bank Note Company's involvement was a deliberate signal of credibility; foreign-printed currency carried implicit guarantees of quality that domestic printing could not yet offer to a skeptical public.
P#198 is notably scarce in any grade, likely a reflection of limited original distribution rather than heavy circulation losses.