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10 Yuan

Issuer Bank of Taiwan
Year 1946
Type Standard circulation banknote
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Obverse description An intaglio portrait of Dr. Sun Yat-sen within an oval guilloche vignette occupies the centre, flanked to the left by a detailed engraved vignette of the Bank of Taiwan building. To the right, an outline map of Taiwan island is set against a dense background of repeated Chinese characters forming a security underprint. Two red seal-style chops appear below the portrait, and the denomination 拾圓 is rendered in large Chinese characters at right.
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Reverse description The centre of the reverse is dominated by a finely engraved oval vignette illustrating a naval battle scene, traditionally identified as Zheng Chenggong's engagement against Dutch forces in 1633, with sailing vessels firing cannon amid billowing smoke and a coastal settlement visible in the background. Flanking the central vignette are two ornate numerals '10' set within elaborate guilloche scrollwork, repeated in each corner in smaller form. The entire composition is printed in blue-green tones over a light guilloche underprint with a repeating Chinese character pattern along the borders.
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Comments

The Bank of Taiwan resumed note issuance in 1946 following Japan's fifty-year colonial administration of the island, which ended with the 1945 surrender. These early postwar notes were produced on the mainland by the Central Printing Factory — the same government printer serving the Republic of China's national currency — reflecting how completely Taiwan's financial infrastructure had been dismantled and was being rebuilt under Nationalist oversight.

Within two years, hyperinflation on the mainland had devastated the ROC dollar, and Taiwan followed. The 1949 currency reform replaced these notes at 40,000 old yuan to one New Taiwan Dollar.

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