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5000 Yuan Central Bank of China

Uitgever Central Bank of China
Jaar 1948
Type Log in om details te zien
Waarde Log in om details te zien
Valuta Yuan (1945-1948)
Samenstelling Log in om details te zien
Afmetingen Log in om details te zien
Vorm Log in om details te zien
Drukker Log in om details te zien
Ontwerper(s) Log in om details te zien
Graveur(s) Log in om details te zien
In omloop tot Log in om details te zien
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Beschrijving voorzijde A vignette of a city gate appears at left, with figures of people in the foreground. The face carries bilingual inscriptions identifying the issuing authority and denomination, framed by decorative borders typical of Republican-era Chinese note design.
Opschrift voorzijde Log in om details te zien
Beschrijving keerzijde Log in om details te zien
Opschrift keerzijde 伍 仟 圓
(Translation: Five Thousand Yuan)
Handtekening(en) Log in om details te zien
Beveiligingstype Log in om details te zien
Beschrijving beveiliging Log in om details te zien
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Opmerkingen

By 1948, the Central Bank of China was printing notes in denominations that would have been unthinkable five years earlier. Hyperinflation driven by wartime deficit spending and post-war reconstruction costs had so thoroughly destroyed purchasing power that 5,000 yuan — a figure that once represented serious wealth — was effectively small change by the time this note reached circulation. The government's Gold Yuan reform of August 1948 attempted to replace the collapsing fabi currency at a rate of 3,000,000 fabi to 1 Gold Yuan, which rendered virtually the entire fabi series worthless almost immediately.

The Printing Works struggled to keep pace with demand throughout this period, and quality control on late fabi issues is noticeably uneven.

MISSCHIEN OOK INTERESSANT