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500 Yuan Central Bank of China
| Issuer | Central Bank of China |
|---|---|
| Year | 1945 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Yuan (1912-1948) |
| Composition | Log in to see details |
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| Obverse description | At left, an oval vignette contains a portrait of Sun Yat-sen, surrounded by scrollwork and guilloche ornaments. The denomination 伍佰圓 (Five Hundred Yuan) is rendered in large Chinese characters at centre-right against a green underprint, with the bank title 中央銀行 inscribed at top centre and the date inscription positioned at lower right. Serial numbers appear twice, at upper left and upper right. |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Log in to see details |
| Reverse lettering | 500 伍佰圓 500 局長 司長 (Translation: Five Hundred Yuan / Director General / Director) |
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| Comments |
The 500 Yuan notes of 1945 belong to the inflationary acceleration that followed Japan's surrender — a moment when victory paradoxically made the Nationalist currency crisis worse, not better. The returning Nationalist government absorbed enormous quantities of Japanese puppet-regime scrip at artificially fixed exchange rates, flooding the money supply and pushing the Central Bank to issue denominations that would have seemed absurd just years earlier.
The Central Bank of China Printing Works was printing under severe resource strain by this point, and the P#284 series shows it — registration inconsistencies and ink variation are common across surviving examples, not signs of individual damage.