Catalog
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| Issuer | Bank of Taiwan |
|---|---|
| Year | 1947 |
| Type | Log in to see details |
| Value | Log in to see details |
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| Composition | Log in to see details |
| Size | 156 × 82 mm |
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| Obverse description | Green-tinted note centred on a portrait vignette of Dr. Sun Yat-sen, flanked to the left by a vignette of the Bank of Taiwan building surmounted by a flag. Elaborate guilloche underprint surrounds the principal design elements throughout the field. Chinese inscriptions at the top and bottom panels record the issuing authority, denomination, year of issue, and the printing establishment. |
|---|---|
| Obverse lettering | 臺灣銀行 台幣壹百圓 中華民國三十六年印 第一印製廠 (Translation: Bank of Taiwan Taiwan Dollar 100 Yuan (100 Dollars) Printed in the 36th year of the Republic of China First Printing Factory Taiwan) |
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| Comments |
The Bank of Taiwan's 1947 issues were a direct response to the catastrophic hyperinflation gripping mainland China — Taiwan's currency was deliberately kept separate from the Chinese yuan to shield the island's economy from the worst of it. That separation would prove prescient. When the Nationalist government collapsed on the mainland two years later, Taiwan's monetary infrastructure remained intact enough to absorb the flood of refugees and capital that followed.
Printed domestically at the First Printing Factory rather than sent abroad to established security printers, the quality reflects wartime resource constraints that hadn't yet eased in 1947.