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5000 Yuan Bank of Central China
| Issuer | Bank of Central China (華中銀行) |
|---|---|
| Year | 1949 |
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| Currency | Yuan (1946-1949) |
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| Obverse description | Brown on light green underprint. Central vignette shows a ship moored at a dock with warehouse arcades and industrial structures along the waterfront. The denomination 伍仟圓 appears in a guilloche panel at right, with Chinese characters 華中銀行 across the top and corner numerals reading 伍仟 on all four sides. |
|---|---|
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| Reverse lettering | 5000 1949 |
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| Comments |
The Bank of Central China (華中銀行) was a Communist-controlled regional bank established in 1948 to serve the Liberated Areas of central China during the final phase of the civil war. By 1949, the Nationalist government's currency had collapsed entirely under hyperinflation, and Communist regional banks were issuing high-denomination notes in the hundreds and thousands of yuan as a practical necessity rather than a policy choice — the numbers reflected the monetary wreckage they were inheriting, not their own inflationary mismanagement.
The bank was absorbed into the People's Bank of China structure shortly after the proclamation of the PRC, making the operational lifespan of S3417-series notes extremely brief.