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5 Yuan - Patriotic Lottery Issue 267
| Issuer | Bank of Taiwan |
|---|---|
| Year | 1961 |
| Type | Vouchers |
| Value | Log in to see details |
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| Composition | Log in to see details |
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| Obverse description | Central vignette of the first-generation Grand Hotel (Yuanshan, Taipei), completed in 1951, rendered in intaglio within a decorative border. Issue number 267 and face value of five New Taiwan dollars are printed in traditional Chinese characters. Patriotic and Confucian moral mottos appear in the lower panel. |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Reverse printed entirely in dark green intaglio on plain paper, divided into an upper prize-claim receipt panel with ruled lines for the holder's name, address, identity card, and military supply certificate details, and a lower text panel setting out the full prize schedule and redemption regulations in traditional Chinese script. The printer's imprint of the Central Engraving and Printing Plant appears at the foot. |
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| Comments |
Taiwan's postwar lottery-linked notes occupy a peculiar niche — issued through the Bank of Taiwan as a revenue mechanism tied to patriotic lottery programs, they circulated alongside ordinary currency but carried a dual function that ordinary denominations did not. The Central Engraving and Printing Plant, established on Taiwan after the KMT retreat from the mainland in 1949, handled the full series domestically, giving the Republic of China government complete control over an issue that was as much a fundraising instrument as a monetary one.
Series 267 distinguishes individual issues within the lottery program. These notes were redeemable or exchangeable depending on lottery outcome, which affected retention rates — winners kept receipts, losers spent or discarded theirs, creating uneven survival patterns across different series numbers.