Catalog
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| Issuer | Central Reserve Bank of China |
|---|---|
| Year | 1945 |
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| Value | Log in to see details |
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| Reference(s) | P#J42 |
| Obverse description | Black intaglio print on white paper with a central portrait vignette of Dr. Sun Yat-Sen, flanked by Chinese-language inscriptions stating the bank name, denomination, and year of issue in Republic of China dating (Year 34). Block lettering in red ink renders the denomination, with red seal stamps applied over the face. |
|---|---|
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| Reverse description | Printed in dark blue-grey, the reverse centres on a detailed vignette of the Sun Yat-Sen Mausoleum in Nanjing, its grand ceremonial stairway and memorial hall rendered within an ornate guilloche border. Large numeral 5000 appears in each corner and in two prominent lateral panels, with facsimile signatures of the Governor and Vice Governor printed below the central vignette. |
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| Comments |
The Central Reserve Bank of China was a puppet institution established under the Japanese-backed Wang Jingwei regime in Nanjing, and by 1945 its currency was in freefall. This note was issued in the war's final months, when the regime's collapse was a matter of weeks rather than years, and the denomination itself reflects the hyperinflationary spiral that made smaller notes functionally useless. Earlier CRBC issues had been printed in Japan; by this stage, production was increasingly frantic and quality control inconsistent.
With Japan's surrender in August 1945, CRBC notes were rendered immediately worthless and were not redeemable under the returning Nationalist government's currency arrangements.