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10 Yuan
| Issuer | Bank of Taiwan |
|---|---|
| Year | 1950 |
| Type | Log in to see details |
| Value | Log in to see details |
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| Composition | Log in to see details |
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| Shape | Rectangular |
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|---|---|
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| Reverse description | The reverse is dominated by an upper vignette of the Bank of Taiwan headquarters building rendered in fine line engraving, set within a purple guilloche frame. Below, a large numeral 10 is superimposed over a map of Taiwan on a green guilloche underprint. The English legends BANK OF TAIWAN and TEN YUAN appear in letterpress above and below the architectural vignette respectively, with the printer's imprint THE FIRST PRINTING FACTORY at the foot of the note. |
| Reverse lettering | BANK OF TAIWAN TEN YUAN 10 THE FIRST PRINTING FACTORY 1950 |
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| Comments |
The Bank of Taiwan's postwar 10 Yuan notes occupied an awkward monetary moment. The bank had already issued a disastrous series of Taiwan Dollars beginning in 1946, which inflated catastrophically under the strain of mainland China's civil war and the Nationalist government's financial mismanagement — by 1949, the old Taiwan Dollar was exchanged at 40,000 to one New Taiwan Dollar in an emergency redenomination. This 1950 note belongs to the stabilization series that followed, printed domestically at the First Printing Factory rather than sourced from foreign security printers, a reflection of the KMT government's increasingly isolated position after retreating to the island.