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5000 Yuan
| Issuer | Central Bank of China |
|---|---|
| Year | 1949 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Gold Yuan (1948-1949) |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | 中央銀行 金圓券 伍仟圓 (Translation: Central Bank of China Gold Yuan note Five Thousand Yuan) |
| Reverse description | Log in to see details |
| Reverse lettering | THE CENTRAL BANK OF CHINA FIVE THOUSAND GOLD YUAN 1949 CHUNG HWA BOOK CO., LTD. |
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| Comments |
By early 1949, the Gold Yuan — introduced just months prior in August 1948 as a hard replacement for the collapsing Fabi — was itself in freefall. The Central Bank was issuing notes in denominations that would have been unthinkable at the reform's launch, and this 5,000 Yuan piece is a direct artifact of that acceleration. Chung Hwa Book Co. was one of several Shanghai printers pressed into service as the government scrambled to keep denominations ahead of prices.
Communist forces entered Shanghai in May 1949. Any notes still in circulation became worthless almost immediately after.