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5000 Yuan Central Bank of China
| Issuer | Central Bank of China |
|---|---|
| Year | 1945 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Log in to see details |
| Size | 180 × 76 mm |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | 中央銀行 伍仟圓 中華民國三十四年 (Translation: Central Bank of China / Five Thousand Yuan / 34th Year of the Republic of China) |
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| Reverse lettering | 伍仟圓 5000 副局長 陳矩邦 局長 梁平 (Translation: Five Thousand Yuan / Deputy Director Chen Jubang / Director Liang Ping) |
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| Comments |
By 1945 the Central Bank of China was printing notes in quantities that made individual denomination management essentially meaningless. Wartime inflation had been compounding since the outbreak of hostilities with Japan in 1937, and the 5000 Yuan note — unthinkable in value just a few years earlier — was itself obsolete within months of issue. Chung Hwa Book Company, primarily a Shanghai publishing house that had taken on government printing contracts, produced the note domestically at a time when foreign printers were inaccessible.
Liang Ping served as Governor; Chen Jubang as Vice Governor. Their tenure coincided with the period of most acute monetary deterioration before the full collapse that followed in 1948–49.