

This 1947 Bank of Taiwan 100 Yuan note (Pick P-1941) presents in exceptional EF condition with crisp paper, sharp printing, and no visible wear. The obverse features a classical design with the Bank of Taiwan building rendered in fine architectural detail on the left, a formal portrait of Dr. Sun Yat-sen in the center oval, and an outline map of Taiwan on the right—all unified by intricate green and cream coloring with ornate decorative borders. The reverse displays a detailed naval battle scene in a circular vignette, representing the historical Sino-Dutch conflict of 1633, surrounded by elaborate guilloche patterns and corner denomination numerals.
Common. The observed EF condition specimen represents a typical circulation-grade example of this regular-issue note. eBay market data shows consistent sales in the $3-$51.99 range depending on condition, with most circulated examples selling well under $20. Catalog values from 2016 show EF-equivalent grades valued at $6, confirming this as a standard-issue banknote with no evidence of low print runs, recall, or scarcity. The serial number AM772335 shows no indicators of a rare series or early printing.
Issued in 1947 (Year 36 of the Republic of China, following the 1911 Proclamation), this note represents Taiwan's early post-war monetary period under Bank of Taiwan authority. The obverse's prominent inclusion of Dr. Sun Yat-sen's portrait reflects his veneration as founder of the Republic of China, while the Taiwan map and bank building imagery emphasize the island's administrative and financial significance in the post-Japanese occupation era. The reverse's depiction of the 1633 naval battle against the Danes (Dutch) reinforces historical national pride and Taiwan's strategic importance in East Asian maritime history.
The obverse presents a symmetrical design centered on a formal portrait of Dr. Sun Yat-sen (1866-1925), founder of the Republic of China, positioned in a decorative oval frame with striped collar detailing characteristic of formal early-20th-century portraiture. To the left stands a detailed neoclassical illustration of the Bank of Taiwan building in Taipei, featuring columned architecture representative of the institution's prestige and modernity. The right side displays a silhouette map of Taiwan, establishing territorial and administrative identity. The reverse features a historical landscape vignette depicting the 1633 Sino-Dutch naval engagement, enclosed in an ornate circular frame with mountains, coastline, and period vessels rendered in fine engraving. The entire composition is framed by elaborate guilloche borders with geometric and floral patterns, characteristic of intaglio security printing of the era.
Front side: '台灣銀行' (Bank of Taiwan); '台幣圓百' (Taiwan Currency One Hundred Yuan); '台圓百' (Taiwan One Hundred Yuan, vertical right); '壹百圓' (One Hundred Yuan, vertical right); '中華民國印年十三' (Printed in Year 13 of the Republic of China, at bottom); Serial number 'AM772335' (appears upper left and upper right). Back side: '100' (Arabic numerals in all four corners); '00100100100100100100' (repeating security pattern of '100' in top border area).
Intaglio engraving (recess printing), as evidenced by the fine-line work, intricate guilloche patterns, sharp edge definition, and complex decorative borders observed throughout. The note was printed by FPFT (likely referring to a security printer contracted by the Bank of Taiwan). The detailed landscape vignette on the reverse, multi-layered ornamental borders, and security numerals pattern all reflect hand-engraved plate work typical of high-security banknote production in the 1940s.
This specimen is identified as S/M number T72-10 in standard catalogs. The obverse matches the described variety with the Bank of Taiwan building depicted without a car and with a flag at the top of the front of the building, distinguishing it from the similar Pick 1939 note. The note exhibits Year 13 of the Republic of China (1947) printing date at the base. No overprints, signature variations, or unusual serial number prefixes are evident in this example, indicating it represents the standard variety for this Pick number and issuing period.