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500 Yuan
| Issuer | Federal Reserve Bank of China |
|---|---|
| Year | 1943 |
| Type | Log in to see details |
| Value | Log in to see details |
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| Composition | Log in to see details |
| Size | 176 × 92 mm |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | 500 500 |
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| Reverse lettering | 中國聯合準備銀行 500 |
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| Comments |
The Federal Reserve Bank of China was a Japanese-controlled institution operating in occupied northern China, and this 1943 note circulated under that occupation regime rather than any Chinese national authority. By 1943 the bank was issuing large denominations at pace, driven by wartime inflation that was rapidly eroding purchasing power across the occupied territories.
P#J78 is one of several high-denomination notes from this period where surviving examples frequently show heavy circulation wear — the inflationary environment meant notes passed through many hands quickly before losing practical value entirely.