

This is an uncirculated 1960 Bank of Taiwan 10 Yuan note (Pick P-1969) in exceptional condition, featuring Dr. Sun Yat-sen's portrait on the obverse and the Presidential Palace in Taipei on the reverse. The note displays crisp engraving with vibrant blue, green, and red coloring throughout, and shows no signs of circulation, creasing, or wear. This early post-war Taiwan banknote represents an important piece of numismatic history from the Republic of China's formative years.
Common. This is a regular-issue note from a major printing run by the Bank of Taiwan in 1960, with no evidence of recall or limited circulation. The eBay price tracking data confirms common status: UNC specimens have sold for $7.10 to $19.99 over the past decade, with multiple transactions at moderate prices indicating adequate supply in the collector market. Current catalog value for UNC is assessed at $18, consistent with common notes in this category.
Issued in 1960 (Year 49 of the Republic of China, measuring from the 1911 Proclamation), this banknote was produced during Taiwan's period of economic recovery and political consolidation under the Nationalist government. The obverse depicts Dr. Sun Yat-sen, founder of the Republic of China, alongside the Chuoshui River bridge, symbolizing both national leadership and infrastructure development. The reverse features the Presidential Palace in Taipei, representing the seat of governmental authority and Taiwan's status as the capital of the Republic of China.
The obverse features a formal profile portrait of Dr. Sun Yat-sen (孫中山) positioned at the left, rendered in traditional formal attire characteristic of early 20th-century Chinese leadership imagery. The center displays an ornate decorative floral medallion containing Chinese characters, serving both aesthetic and security purposes. The right side showcases a detailed engraving of the Chuoshui River bridge (濁水溪大橋) with multiple spans crossing water, a significant infrastructure achievement. Red rectangular seals appear at top left and right. The reverse depicts the Presidential Palace (總統府) in Taipei as the dominant central element, a classical institutional building with a prominent central tower, flanked by palm trees and an open plaza, enclosed within ornamental corner frames bearing the numeral '10' in decorative ovals. The entire design is framed by intricate ornamental border patterns with repeated motifs throughout.
Front: '中華民國' (Republic of China), '行銀臺灣' (Bank of Taiwan), '圓拾' (Ten Yuan), 'G150312F' (Serial number). Back: '10' (Denomination numeral). All inscriptions appear in Traditional Chinese characters with supporting numerals, standard for currency issued under the Republic of China government.
Intaglio engraving, the standard process for this series. The note was printed by PFBT (Pacific Bank Note and Tag Company or similar security printer), as indicated by the catalog reference. The fine line work, intricate crosshatching, detailed architectural rendering, and ornamental patterns are characteristic of high-security intaglio production typical of 1960s banknote manufacturing. The multi-color printing process achieves the dominant blue base with green and red accents through sequential intaglio passes.
This specimen is identified by serial number prefix 'G150312F' and printer mark 'S/M number T73-50'. The 1960 issue exists in several serial number ranges and blocks; variants may be distinguished by prefix letters and printer identification marks. No major overprints, date variations, or signature varieties are noted for this Pick number, as this denomination employed consistent design elements throughout its 1960 production run.