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50 Yuan Kinmen

Issuer Bank of Taiwan
Year 1969
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In circulation to 1 July 2002
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Reverse description Juguang Tower is depicted as the central vignette on the left side of the reverse, a landmark closely associated with the Kinmen Islands. Red overprints are integrated into the composition, reinforcing the note's restricted regional validity. The overall design employs a structured layout consistent with Taiwan emergency and local issue series of the period.
Reverse lettering 用通區地門金限 50
(Translation: For use in Kinmen region only)
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Comments

Kinmen (Quemoy) notes were a parallel currency system maintained by the Bank of Taiwan specifically for the offshore islands — Kinmen, Matsu, and briefly others — to prevent currency from freely moving between the islands and Taiwan proper. The separation was partly financial control, partly a Cold War security measure: the ROC military didn't want circulating currency to become an intelligence or logistical liability in a zone that had been shelled by the PRC as recently as 1958.

The R-prefix Pick numbers denote this regional status. These notes were not legal tender on the Taiwan mainland, and mainlanders presenting them for exchange faced restrictions well into the 1970s.

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