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1 Yen
| Issuer | Bank of Taiwan |
|---|---|
| Year | 1932-1944 |
| Type | Log in to see details |
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| Composition | Log in to see details |
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| In circulation to | 1946 |
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| Obverse description | A vignette at left centre depicts a stone torii gate and stairway set within a wooded landscape, rendered in fine intaglio engraving. To the right, a large numeral '1' is set within a guilloche oval underprint, flanked by decorative floral corner ornaments. The denomination 壹圓 appears in bold Chinese characters at centre, with a red official seal overprint and the bank title 臺灣銀行券 in the upper margin. |
|---|---|
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| Reverse lettering | 券行銀灣臺 壹 圓 (Translation: Bank of Taiwan One Yuan) |
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| Comments |
The Bank of Taiwan was not a central bank in the conventional sense — it operated as a colonial financial institution under Japanese imperial administration, handling currency for Taiwan, parts of southern China, and at various points the Japanese-occupied Pacific. This 1 Yen note falls within a wartime production window during which Japanese military expansion dramatically increased paper money supply across occupied territories, often outpacing any meaningful reserve backing.
Printing responsibility during this series shifted as wartime pressures on metropolitan Japanese print facilities mounted. Notes from the later end of this range show detectable differences in paper quality and print registration — a known characteristic of the type, not a defect specific to individual specimens.