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5000 Yuan Bank of Central China
| Issuer | Bank of Central China |
|---|---|
| Year | 1949 |
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| Value | Log in to see details |
| Currency | Yuan (1946-1949) |
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|---|---|
| Obverse lettering | 華中銀行 伍仟圓 中華民國三十八年 |
| Reverse description | Green letterpress print. A temple or pavilion vignette occupies the centre, flanked by two large cloud-shaped cartouches each bearing the numeral 5000 in bold block figures. The overall design is framed by a guilloche border with foliate ornamentation at the corners. |
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| Comments |
The Bank of Central China was a Communist military-political institution, established to manage currency in liberated zones as People's Liberation Army forces pushed south in the final stage of the civil war. Notes like this 5000 Yuan were issued in enormous volume during 1949 specifically to facilitate rapid troop provisioning and local procurement — economic administration, not banking in any conventional sense.
The series was short-lived. Once the People's Republic was proclaimed in October 1949, these regional military bank issues were progressively withdrawn in favor of the unified Renminbi, leaving most high-denomination examples with very limited circulation histories.