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50 Yuan National Currency

Issuer Bank of Taiwan
Year 1999
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Size 166 × 72 mm
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Obverse description The central vignette comprises a contracted composite design juxtaposing the earliest-issued one New Taiwan Dollar note (P-1951) with the then-current one hundred New Taiwan Dollar note (P-1989), set against vignettes illustrating key infrastructure and economic achievements including a bridge, an express freeway, a railway, the electronics industry, and communications networks. Denomination numerals and issuing authority inscriptions appear in both Chinese characters and Arabic numerals. The note is printed on polymer substrate with associated security elements.
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Reverse lettering 50 50 伍拾 (Wǔshí) 中華民國八十八年製版 (Zhōnghuá mínguó bāshíbā nián zhì bǎn)
(Translation: 50 50 Fifty Yuan Plate made in the 88th year of the Republic of China)
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Comments

Taiwan's 1999 polymer 50 Yuan was part of a limited commemorative run testing plastic substrate technology — one of the earlier polymer issues from the Central Engraving and Printing Plant, which had no prior experience manufacturing polymer notes and sourced the substrate externally. The Bank of Taiwan, technically a provincial bank rather than a central bank, issued it under circumstances already complicated by the pending abolition of Taiwan Province's administrative functions in 1998, which left the bank's institutional status deliberately ambiguous.

The clear window placement doubled as the primary security anchor, with the hologram integrated into the same zone — an arrangement that proved harder to counterfeit than the older intaglio-only cotton paper notes of the same denomination.

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