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5000 Customs Gold Units

Issuer Central Bank of China
Year 1947
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Value 5000 Customs Gold Units (5000 關金圓)
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Reverse description Central vignette of the Central Bank of China headquarters building in Shanghai, rendered in fine intaglio engraving with architectural detail including a prominent clock tower, set within a decorative frame. Below, a large guilloche panel carries the numeral 5000 and the legend FIVE THOUSAND CUSTOMS GOLD UNITS, with two facsimile signatures of the General Manager and Assistant General Manager at the foot of the design, above the date 1947 and printer's imprint.
Reverse lettering The Central Bank of China Five Thousand Customs Gold Units 1947 Chung Hwa Book Co. Ltd.
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The Customs Gold Unit was not a general-circulation currency — it was a specialized accounting denomination introduced to collect import duties at a time when hyperinflation had made the standard Fabi hopelessly unstable for fixed-rate tariff assessment. By 1947, the CGU itself was losing the battle against inflation, and denominations climbed rapidly through the series.

Chung Hwa Book Co. was one of the major Shanghai commercial printers pressed into note production during this period, alongside the Central Printing Factory and Ta Tung. The CGU series was discontinued when the Gold Yuan reform swept in during mid-1948 — rendering the entire issue obsolete within roughly a year of printing.

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