Catalog
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| Issuer | Bank of Taiwan |
|---|---|
| Year | 1946 |
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| Value | Log in to see details |
| Currency | Old Taiwanese Dollar (1946-1949) |
| Composition | Log in to see details |
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| Obverse description | Printed in red, the obverse centres on a portrait of Dr. Sun Yat-sen, flanked to the left by a vignette of the Bank of Taiwan building with a flag at its summit and to the right by an outline map of Taiwan. Chinese inscriptions identifying the issuing bank, denomination, and the 35th year of the Republic of China are distributed across the note, with the printer's designation appearing at the lower margin. |
|---|---|
| Obverse lettering | Log in to see details |
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| Reverse lettering | 500 |
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| Comments |
The Bank of Taiwan resumed note issuance under the newly arrived Nationalist administration in 1946, distinct from the wartime Taiwanese yen that had circulated under Japanese colonial authority. This 500 Yuan note belongs to the transitional series issued before hyperinflation on the mainland began distorting Taiwan's own monetary conditions — a separation that was never truly clean, since the Taiwan dollar had not yet been introduced and the island's currency remained entangled with the collapsing ROC financial system.
The Central Engraving and Printing Plant had relocated printing operations to Taiwan by this point, a logistical reality that would prove consequential as the Nationalist government's control of mainland facilities became untenable within a few years.