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10 000 yuan 1947

Asia › China
P-3171947Central Bank of ChinaAU
10 000 yuan 1947 from China, P-317 (1947) — image 1
10 000 yuan 1947 from China, P-317 (1947) — image 2

Market Prices

20 sales
Catalogue (2016)
VG$1.5
VF$4
UNC$15
VF$5.52025-08-29(5 bids)
PMG 35$24.492022-06-20(9 bids)
VF$8.52021-06-04(7 bids)
VF$3.992021-03-31(1 bid)
VF$10.42020-12-10(6 bids)
PMG 63$352020-10-19(4 bids)
PMG 63$292020-08-13(7 bids)
PMG 58$23.492019-01-02(13 bids)
PMG 64$402019-01-02(20 bids)
F$3.252018-06-17(5 bids)
VF$7.52018-03-29(9 bids)
AUNC$13.52017-11-01(11 bids)
VF$3.352017-07-03(8 bids)
F$2.252016-09-27(3 bids)
VF$72015-10-18(1 bid)
EF$3.752015-08-03(6 bids)
F$6.52015-05-15(8 bids)
VF$12.512015-04-11(10 bids)
AUNC$19.52014-06-11(6 bids)
VF$5.72012-04-11(7 bids)

About This Note

This is a visually striking 10,000 Yuan note from 1947 issued by the Central Bank of China during the Republic of China period, printed by the prestigious Thomas De La Rue & Company of London. The note displays exceptional condition with sharp, clear printing throughout and well-preserved red/pink coloring, featuring an elegant central portrait in traditional Chinese dress flanked by ornate cloud-shaped cartouches. The reverse presents bilingual design elements with English text and a decorative rosette pattern, making this an important transitional-period Chinese banknote that exemplifies the sophisticated security printing techniques of the era.

Rarity

Common. The eBay price history shows consistent sales in the $3-40 range depending on condition, with most graded examples (PMG 63-64) selling for $25-40 and circulated VF examples regularly appearing for $5-12. The 2016 catalogue values confirm accessibility ($1.50 VG to $15 UNC). This note was part of the Central Bank of China's regular issue series and appears to have had a substantial print run. The denomination and date place it within a commonly collected period of Chinese currency.

Historical Context

This 1947 issue represents the final years of the Republic of China's currency before the Communist takeover in 1949, issued during a period of severe hyperinflation that characterized the late Nationalist government. The dual-language design (Chinese and English) reflects the Central Bank's international standing and Western banking practices of the period. The prominence of the year '1947' and traditional Chinese iconography demonstrate the government's efforts to assert legitimacy and cultural continuity despite the economic chaos of the civil war era.

Design

The obverse features a formal portrait of a dignitary in traditional Chinese formal dress, positioned centrally within a decorative oval frame. The portrait is flanked by two ornate cloud-shaped cartouches containing Chinese characters indicating the denomination. The design employs extensive guilloche patterning and fine geometric line work as background security features, with decorative borders containing repetitive micro-patterns. Serial numbers appear in the upper corners. The reverse presents a bilingual layout with English and Chinese elements, dominated by a large ornate rosette flower pattern in the center containing 'TEN THOUSAND YUAN.' Large decorative cartouches on both sides display the numeral '10000.' The year '1947' is prominently positioned below the central rosette. Signature lines for General Manager and Assistant General Manager appear on the reverse. Both sides maintain the red/pink and cream color scheme with consistent ornamental framing.

Inscriptions

FRONT SIDE: 中央銀行 (Central Bank) at top center; 壹萬圓 (Ten Thousand Yuan) as denomination; 中華民國十三年 (Year 13 of the Republic of China, corresponding to 1924 in the ROC calendar system, though this appears to reference an earlier design template); Serial number 13V 066234. BACK SIDE: THE CENTRAL BANK OF CHINA (English arc text at top); TEN THOUSAND YUAN (English text in central rosette); 1947 (year of issue); GENERAL MANAGER and ASST GEN. MANAGER (signature line labels); THOMAS DE LA RUE & COMPANY, LIMITED, LONDON (printer attribution); 10000 (numeral in ornate cartouches).

Printing Technique

Intaglio engraving combined with letterpress, executed by Thomas De La Rue & Company Limited of London. The note exhibits sophisticated security printing including fine cross-hatch background work, intricate guilloche patterns, and ornate decorative borders with repetitive micro-pattern details characteristic of De La Rue's high-security banknote production standards of the 1940s. The sharpness and clarity of impression observed in the visual analysis indicates professional engraved plate work with multiple color registrations.

Varieties

Serial number variety 13V 066234 observed on this specimen. The note uses the Pick catalog designation P-317 which is the standard reference for this 1947 Central Bank of China 10,000 Yuan regular issue. No overprints or special markings are evident that would indicate a distinct variety. The signature blocks on the reverse would likely contain handwritten or engraved signatures identifying specific officials, which may create minor varieties but do not appear to affect valuation significantly based on market data.