10 yuan 1960
Market Prices
26 salesAbout This Note
This is a well-preserved 1960 Bank of Taiwan 10 Yuan note (Pick P-1970) in uncirculated condition, featuring the iconic portrait of Dr. Sun Yat-sen on the obverse alongside an engraved bridge spanning the Chuoshui River. The reverse displays the Presidential Palace in Taipei with its distinctive central tower, rendered in fine red and pink tones on a cream background. This note represents an important early issue from the Republic of China's monetary system and shows no signs of wear, creasing, or damage.
Common. The eBay price data shows consistent sales across multiple grading levels from 2013 to 2022, with UNC examples selling between $7-$92 depending on PMG certification level (PMG 67 commanding premium prices). The regular appearance of this note across different condition grades and time periods, combined with historical catalog values (UNC: $10 in 2016), confirms this is a widely available issue. No historical evidence of limited print runs or recalls exists for this Pick number.
Issued in 1960 (Year 49 of the Republic of China calendar, counting from the 1911 Proclamation), this banknote reflects Taiwan's post-war economic stabilization under the Bank of Taiwan's authority. The prominence of Dr. Sun Yat-sen, founding father of the Republic, underscores the political legitimacy of the ROC government during a period of Cold War division. The depiction of the Presidential Palace and the Chuoshui River bridge symbolizes both governmental authority and infrastructural development on the island.
The obverse features a formal frontal portrait of Dr. Sun Yat-sen (孫中山), rendered in red tones on the left side, emphasizing his role as the founding father of the modern Chinese republic. To the right stands an engraved representation of the Chuoshui River bridge, a significant engineering landmark demonstrating national development. A decorative floral medallion occupies the center, with ornamental corner designs and fine line engraving patterns providing anti-counterfeiting security. The reverse showcases the Presidential Palace (總統府) in Taipei, depicted with its characteristic central tower and surrounding administrative buildings set within landscaped grounds. Circular '10' denomination markers appear in all four corners, with additional ornamental scrollwork and borders completing the design.
Front side: 臺灣銀行 (Bank of Taiwan); 拾圓 (Ten Yuan); Serial number Y9131119V (appears in top left and top right corners). Back side: Large circular denomination markers reading '10' in all four corners indicating the 10 Yuan denomination. The visual analysis notes a date inscription referencing 中華民國 (Republic of China) with year notation, consistent with ROC dating conventions of the period.
Intaglio engraving (line engraving) throughout, as evidenced by the fine detail work, intricate background patterns, and the characteristic depth and precision visible in both the portrait and architectural elements. The consistent quality of line work and ornamental details indicates professional security printer production. Per catalog references, this variety (S/M number T73-51) was printed without a printer's imprint mark, distinguishing it from the preceding Pick P-1969 issue.
This specific note carries serial number Y9131119V and represents the variety without printer imprint (S/M T73-51), distinguishing it from Pick P-1969 which includes printer identification. The Y-prefix serial numbers are typical for this issue period. No other major varieties (such as signature variants or significant overprints) are noted in the available catalog data for this 1960 denomination.
