5 Yuan brown

The Bank of Taiwan functioned as Taiwan's de facto central bank from 1945 until the Central Bank of China formally resumed that role in 1961 — the same year this note was issued, making it one of the last series produced under the older institutional arrangement. The Central Engraving and Printing Plant had relocated from the mainland to Taiwan in 1949 following the Nationalist retreat, and by the early 1960s had stabilized into consistent production runs for the island's currency needs.

Pick #1973 is not widely documented in terms of specific print quantities, and surviving circulated examples show pronounced wear along the horizontal fold lines characteristic of notes carried in the slim wallets common to the period.