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500 Yuan Central Bank of China

Uitgever Central Bank of China
Jaar 1944
Type Log in om details te zien
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Samenstelling Paper
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Beschrijving voorzijde A left-centre intaglio portrait of Sun Yat-sen is framed within an ornate guilloche medallion, with the denomination characters 伍百圓 in large script occupying the centre field. Floral scroll vignettes fill the right border, while the four corners each carry the denomination in Chinese characters. The date inscription 中華民國三十三年 runs along the lower margin.
Opschrift voorzijde Log in om details te zien
Beschrijving keerzijde Log in om details te zien
Opschrift keerzijde THE CENTRAL BANK OF CHINA
FIVE HUNDRED YUAN
NATIONAL CURRENCY
1944
WATERLOW & SONS LIMITED, LONDON
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Opmerkingen

By 1944, the Central Bank of China's note issuance had become an instrument of wartime desperation rather than monetary management. Inflation was accelerating catastrophically — the 500 Yuan denomination, which would have been a substantial sum just years earlier, was rapidly losing purchasing power as the Nationalist government printed heavily to fund operations against both Japanese forces and the Communist armies.

Waterlow & Sons printed this series in London and shipped the finished notes to China — a logistical undertaking that was itself a statement about the collapse of domestic printing capacity under wartime conditions. The Pick 265 series was one of several high-denomination issues Waterlow produced for the Central Bank during this period, as the required face values climbed in lockstep with hyperinflation.

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