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1 Yuan
| Issuer | Bank of Taiwan |
|---|---|
| Year | 1946 |
| Type | Log in to see details |
| Value | Log in to see details |
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| Composition | Log in to see details |
| Size | 129 × 70 mm |
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| Obverse description | A vignette of the Bank of Taiwan building appears at left, flanked by a portrait of Dr. Sun Yat-sen at centre. An outline map of Taiwan is printed at right, with Chinese inscriptions identifying the issuing authority, denomination, and the date of issue as the 35th year of the Republic of China. |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | The reverse is printed in steel blue and centres on an oval intaglio vignette of the naval battle of 1633 in which Zheng Zhilong defeated the Dutch fleet off the coast of Taiwan, with warships engaged in close action before a mountainous coastal backdrop. Flanking guilloche panels bearing the numeral "1" fill the left and right fields, and the whole composition is framed by an ornate scalloped border. |
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| Comments |
The Bank of Taiwan was re-established under the Republic of China government following Japan's defeat and the return of Taiwan in October 1945, after fifty years of Japanese colonial administration. This 1946 issue was among the earliest notes produced under that restored authority, printed by the Central Engraving and Printing Plant on the mainland — Taiwan did not yet have its own secure printing infrastructure.
The timing matters: within two years, the hyperinflationary collapse of the ROC's mainland currency would drive a separate monetary system in Taiwan, eventually producing the New Taiwan Dollar in 1949. This note predates that rupture by a narrow margin.