Catalog
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| Issuer | Central Bank of China |
|---|---|
| Year | 1945 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Log in to see details |
| Size | 148 x 67 mm |
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| Printer | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | 中央銀行 伍佰圓 中華民國三十四年印 (Translation: Central Bank of China / Five Hundred Yuan / Printed in the 34th year of the Republic of China) |
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| 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.