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500 Yuan Central Bank of China
| Issuer | Central Bank of China |
|---|---|
| Year | 1947 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Yuan (1945-1948) |
| Composition | Log in to see details |
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| Engraver(s) | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | The central vignette presents a panoramic intaglio view of the Great Wall of China traversing mountainous terrain in sweeping detail. The denomination 伍佰圓 is repeated in large characters within elaborate guilloche cartouches at both left and right margins. The numeral 500 appears at lower centre beneath the vignette, framed by intricate geometric border patterns. |
| Reverse lettering | 伍 佰 圓 (Translation: Five Hundred Yuan) |
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| Comments |
By 1947 the Central Bank of China was printing in volumes that made supply management effectively meaningless. Hyperinflation — already severe — was accelerating toward the complete monetary collapse of 1948–49, and denominations like this 500 Yuan note were being overtaken by purchasing-power reality almost as fast as they could be distributed. The Central Engraving and Printing Plant's Shanghai factory was running at capacity across multiple denominations simultaneously, and quality control suffered accordingly.
Ink smearing and misaligned impressions are common on this issue — not grade-related wear but production defects present from the moment of printing.