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1000 Yuan
| Issuer | Bank of Taiwan |
|---|---|
| Year | 1948 |
| Type | Log in to see details |
| Value | 1000 Yuan |
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| Composition | Log in to see details |
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| Obverse description | A vignette of the Bank of Taiwan building with a flag on the roof occupies the left side, flanked by wheat sprigs along both vertical edges. A portrait of Dr. Sun Yat-sen is centered, with an outline map of Taiwan positioned to the right. The overall layout is framed by a decorative border with guilloche patterning. |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | The central vignette, printed in red and set within an oval guilloche frame, depicts a naval battle scene identified as the Battle of Liaoluo Bay (1633). The denomination numeral 1000 appears in large figures on both the left and right sides of the central oval, against an olive-green guilloche underprint with ornate scrollwork borders framing the entire reverse. |
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| Comments |
The Bank of Taiwan's 1948 high-denomination issues appeared at one of the most economically chaotic moments in modern Chinese history. The Gold Yuan reform on the mainland had already collapsed by the time this note was circulating, and Taiwan was being deliberately insulated from the hyperinflationary spiral destroying Kuomintang finances across the strait. The island operated under its own currency regime from May 1946, administered through the Bank of Taiwan rather than the Central Bank of China — a structural separation that ultimately helped Taiwan survive the monetary catastrophe that engulfed the mainland in 1949.
Printed domestically by the Central Engraving and Printing Plant, which had relocated its operations to Taiwan under KMT direction.