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50 Yen in Gold
| Issuer | Bank of Taiwan |
|---|---|
| Year | 1921 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Taiwanese Yen (1895-1945) |
| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | 50 券行銀灣臺 拾五 臺 灣 銀 行 50 圓拾五 YEN 俟可相壹に引此 也申渡圓金換券 拾五 50 (Translation: Bank of Taiwan note Fifty Bank of Taiwan Fifty Yen In exchange for this note, a corresponding amount in yen shall be paid) |
| Reverse description | Log in to see details |
| Reverse lettering | 50 The Bank of Taiwan, Limited 拾五 50 拾五 Promises to Pay the Bearer on Demand FIFTY YEN in Gold. 拾五 50 明治三十年三月法律第三十八號臺灣銀行法二據蕟行スルモ也 |
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| Comments |
The Bank of Taiwan, though nominally a commercial institution, functioned as the colonial central bank for Japanese-administered Taiwan and also underwrote much of Japan's financial expansion into southern China and Southeast Asia. Its gold-denominated notes were a deliberate instrument of that regional ambition — payable in gold yen, they were designed to circulate credibly beyond the island itself, facilitating trade across the southern Pacific rim where confidence in paper currency was fragile.
The Bureau of Engraving and Printing in Tokyo produced the series to a high technical standard, consistent with its work on metropolitan Japanese issues of the same period. High-denomination gold notes from this issuer in any grade are rarely encountered today.