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10 yen 1932

Asia › Taiwan
P-19271932Bank of TaiwanF
10 yen 1932 from Taiwan, P-1927 (1932) — image 1
10 yen 1932 from Taiwan, P-1927 (1932) — image 2

Market Prices

21 sales
Catalogue (2016)
VG$6
VF$50
UNC$150
F$10.52024-02-21(9 bids)
F$62023-06-26(1 bid)
F$15.362022-06-27(9 bids)
F$7.782021-12-13(12 bids)
PMG 15$52.122021-06-06(6 bids)
VF$372021-05-09(6 bids)
F$7.72020-10-28(4 bids)
EF$512020-08-02(9 bids)
VF$622020-08-02(10 bids)
VF$712018-05-25(23 bids)
VF$17.52018-04-01(13 bids)
VF$11.62017-11-15(13 bids)
VG$4.022017-02-23(6 bids)
VG$6.62016-12-04(8 bids)
VF$18.272016-11-23(15 bids)
PMG 30$12.52016-10-28(5 bids)
VF$262015-12-25(14 bids)
F$11.52015-03-24(14 bids)
VF$16.722015-02-08(9 bids)
EF$312013-02-08(11 bids)
F$14.992012-06-15(1 bid)

About This Note

A 1932 Bank of Taiwan 10 Yen note in Fair condition, featuring an ornate design with a traditional Asian architectural vignette (pagoda or tower) on the obverse and a scenic coastal/lakeside landscape with mountains on the reverse. The note exhibits the characteristic tan/beige background with dark gray and green inked details typical of early Japanese colonial Taiwan currency, showing moderate age-related patina and light handling wear consistent with its historical circulation.

Rarity

Common. This is a regular-issue banknote from the Bank of Taiwan with substantial print runs. The eBay price data provided shows consistent sales in the $6-$15 range for Fair condition examples across multiple years (2012-2024), with prices for higher grades (VF, EF) reaching $17-$71. The 2016 catalog valuation of $6 (VG), $50 (VF), and $150 (UNC) confirms this note's accessibility to collectors. Fair condition examples are typical market inventory items rather than scarce pieces.

Historical Context

Issued during Japan's colonial administration of Taiwan (1895-1945), this note represents the Bank of Taiwan's regular currency circulation under the Imperial Japanese Government Taiwan Governor-General's Office. The depicted architectural structure on the obverse likely represents Taiwan Jinja (a Shinto shrine built during the Japanese occupation), while the reverse's coastal landscape reflects the island's geographic prominence in Japanese colonial imagery and economic development of the period.

Design

The obverse features an elaborate decorative border with fine scrollwork and geometric corner emblems framing a central vignette of Taiwan Jinja (the pagoda/tower structure with landscaped temple grounds visible in the image). The reverse displays an engraved coastal or lakeside landscape scene with distant mountains, a circular emblem with triangular design at top center, and matching ornamental corner medallions. A red official seal stamp appears on the right side of the obverse. The color scheme combines tan/cream backgrounds with dark gray/black and green inked details, characteristic of the note's multi-color engraved production.

Inscriptions

Front: '臺灣銀行券' (Taiwan Bank Note), '拾圓' (Ten Yen), '日本大日本帝國政府臺灣總督府' (Imperial Japanese Government Taiwan Governor-General's Office), '相渡當鑑發表銀行臺灣' (Taiwan Bank official issuance authorization), Serial number: 349634, '出三' (Issue three), '(44)' (likely plate or series identifier), '10'. Back: '臺灣銀行券' (Taiwan Bank Note), '拾圓' (Ten Yen), '10 YEN' (English denomination).

Printing Technique

Intaglio engraving (recess printing), evidenced by the intricate fine-line patterns in the borders, detailed landscape vignettes, and the crisp, sharp quality of the ornamental designs. The multiple-color printing with distinct color separation (tan, dark gray, green, red) indicates a sophisticated multi-plate engraving process typical of high-security banknote production by Japanese government security printers of the 1930s.

Varieties

Serial number 349634 with '出三' (Issue Three) designation and plate number '(44)' visible. The S/M catalog number is T70-32 per the realbanknotes.com reference. Varieties for this Pick number may exist in different plate numbers, series designations, or serial number prefixes, but this specimen represents a standard circulation issue from the third printing run.