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50 Yuan Kinmen
| Issuer | Bank of Taiwan |
|---|---|
| Year | 1969 |
| Type | Local banknote |
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| Obverse description | A portrait of Dr. Sun Yat-sen occupies the right portion of the obverse, set against a guilloche underprint. Red serial numbers and red official seals appear in their respective positions, with distinctive red overprints applied to the face of the note identifying its restricted Kinmen circulation. The denomination and issuing authority inscriptions are rendered in Chinese characters. |
|---|---|
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| Reverse lettering | 用通區地門金限 50 (Translation: For use in Kinmen region only) |
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| Comments |
Kinmen (Quemoy) notes were a parallel currency system maintained by the Bank of Taiwan specifically for the offshore islands — Kinmen, Matsu, and briefly others — to prevent currency from freely moving between the islands and Taiwan proper. The separation was partly financial control, partly a Cold War security measure: the ROC military didn't want circulating currency to become an intelligence or logistical liability in a zone that had been shelled by the PRC as recently as 1958.
The R-prefix Pick numbers denote this regional status. These notes were not legal tender on the Taiwan mainland, and mainlanders presenting them for exchange faced restrictions well into the 1970s.