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5 Yuan
| Issuer | Bank of Taiwan |
|---|---|
| Year | 1955 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | New dollar (1949-date) |
| Composition | Log in to see details |
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| Obverse description | Vertical-format note printed in red ink with blue security elements. The central field carries a facing portrait vignette of Dr. Sun Yat-sen, flanked on either side by official red seals, set over an intricate guilloche underprint incorporating the denomination. Issuing authority inscriptions in Chinese characters appear above and below the central vignette, with the date rendered in the Republic of China calendar year. |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Vertical-format reverse printed entirely in red ink. The upper register presents an intaglio vignette of the Bank of Taiwan headquarters building enclosed within an elaborate lace-pattern border, surmounted by the issuer name in bold letterpress. The lower register is anchored by a large guilloche numeral '5' medallion over a dense microtext underprint repeating the issuer and denomination, with the year '1955' enclosed in a cartouche at the foot and the printer's imprint below. |
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| Comments |
The Bank of Taiwan operated as a de facto central bank for the Republic of China government after its retreat to Taiwan in 1949, issuing its own currency in parallel with the ongoing — and increasingly nominal — claim to mainland authority. This 5 Yuan note belongs to the first stable series produced entirely within Taiwan after the catastrophic hyperinflation of the late 1940s, which had necessitated the 1949 New Taiwan Dollar reform at a rate of 40,000 old Taiwan Dollars to one new.
Printed in-house at the Bank's own facility rather than contracted abroad, the series reflects the self-sufficiency the institution was quietly building. The security thread on a note of this denomination was not universal practice among regional issuers of the period.