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500 Yuan Bank of Central China

Issuer Bank of Central China (華中銀行)
Year 1946
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Printer 華中印鈔廠 (Central China Note Printing Factory)
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Reverse description Blue-black letterpress print with an elaborate lace-pattern guilloche border enclosing a large central oval cartouche. Within the cartouche, the denomination is expressed as 500 · 伍百圓 · 500 in bold characters flanked by fine engine-turned guilloche work. Two manuscript signature columns appear at left and right within the border, with a small rectangular seal at the bottom centre.
Reverse lettering 伍百圓
500
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Comments

The Bank of Central China was a Communist Party financial institution established in 1945 to administer currency in the Liberated Areas of central China — specifically the regions wrested from Japanese occupation and subsequently contested with Nationalist forces. The 华中印钞厂 was not a single fixed facility but a mobile operation, relocating printing equipment ahead of Kuomintang military pressure, which accounts for the variation in paper stock and ink consistency seen across this series.

By 1948, Bank of Central China notes were absorbed into the newly unified People's Bank of China currency system and officially demonetized — a short operational window that kept total print runs relatively constrained.

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