

This is a Central Bank of China 5000 yuan note from 1947 (Republic of China Year 36), presented in AU (About Uncirculated) condition. The note features a striking portrait of Sun Yat-sen in an ornate oval frame on the obverse, with the reverse displaying the Sun Yat-sen Mausoleum as its central architectural motif. The exceptional condition with no visible wear, creases, or foxing, combined with the intricate engraving and multi-color printing, makes this an attractive example of late-period Chinese Republican currency during the turbulent final years before the Communist takeover.
Common. The eBay price history shows consistent sales in the $2-$27 range depending on condition, with most VF examples selling for $3-$7. The 2016 catalogue value of $7.50 for VF and $25 for UNC confirms this is a regularly traded, relatively affordable note. No evidence of a restricted print run, recall, or scarcity. AU examples are not commanding premium prices relative to lower grades, indicating steady supply at all condition levels. This denomination and date were issued in substantial quantities before the monetary collapse.
This note was issued during the final years of the Republic of China, printed in 1947 (the 36th year of the ROC, corresponding to 1912-based dating). The inclusion of Sun Yat-sen's portrait and the prominence of his mausoleum reflects the enduring reverence for the founding father of the Republic, even as hyperinflation ravaged the currency in the late 1940s. This denomination and design represent the last issues of the Central Bank before the monetary collapse of 1948-1949 and the subsequent transition to Communist rule.
The obverse features a formal portrait of Sun Yat-sen (孫中山), founder of the Republic of China, depicted in profile within an ornate oval frame surrounded by decorative floral elements. The portrait is rendered in purple-brown tones on a cream underprint with gold accents. The center-right displays large decorative Chinese characters in an ornamental cartouche. All four corners are ornamented with circular medallions containing Chinese characters and ornate floral corner designs with intricate geometric patterns. The reverse showcases the Sun Yat-sen Mausoleum (中山陵) in Nanjing as its central architectural landmark, depicted in symmetrical frontal perspective within an elaborate frame. Large ornate cartouches with floral and geometric patterns frame both sides of the mausoleum image, with the denomination '5000' prominently displayed at the bottom center.
Front side: Serial number 'JM874870' (repeated, in red alphanumeric text); '中央銀行' (Central Bank); '中華民國三十六年印' (Printed in the 36th Year of the Republic of China). Back side: '5000' (denomination in numerals); '佰千百十元' (denomination text indicating units: hundred-thousand, thousand, hundred, ten yuan).
Intaglio (engraved) printing using multiple color plates, producing the characteristic fine line work, intricate ornamental borders, and sharp detail visible throughout the note. The multi-color printing (purple, brown, cream, red, and gold) indicates a sophisticated process typical of 1940s Central Bank of China production. The use of red ink for serial numbers in contrast to the primary color scheme suggests sequential overprinting. This note was produced by the Central Bank of China's printing facilities, likely the Shanghai Security Printing Bureau or similar government printer.
Serial number prefix 'JM' with sequential numbering JM874870. The note exhibits the standard design for Pick-311 with no apparent overprints, date variations, or signature variations noted. The printing date inscription '中華民國三十六年印' (Year 36) confirms the 1947 issue date. No specific varieties (such as different printings, color variations, or corrected/uncorrected varieties) are evident in this example.