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500 Yuan Stimulus Voucher

Issuer Executive Yuan, Republic of China (Taiwan)
Year 98 (2009)
Type Vouchers
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Obverse description Central vignette of Yushan (Jade Mountain) rendered in red intaglio against a fine guilloche underprint with repeated numeral microtext. Denomination "500" appears in large olive-green numerals upper left and in deep red at lower centre, flanked by a decorative laurel branch at right. Validity date inscription at lower left; issuing authority legend and voucher title in Chinese characters at upper centre and right.
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Protection type Serial number
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Comments

The 500 Yuan stimulus vouchers were issued by the Executive Yuan in early 2009 as a direct consumer spending intervention during the global financial crisis — each Taiwanese resident received NT$3,600 worth of vouchers, distributed in denominations designed for rapid retail use rather than saving. The program was explicitly time-limited, with an expiry date printed on each voucher to prevent hoarding, a deliberate policy mechanism that distinguished them from conventional currency.

Security was intentionally minimal given the short redemption window. Unused vouchers after the deadline were legally valueless, which is precisely why intact examples are now of collector interest.

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