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<p>[QUOTE="EJL, post: 78823, member: 4419"]Nope. The Central Bank was the main bank of Nationalist China and remained in service through WWII. The Central Reserve Bank was one of the primary Japanese puppet banks during the occupation.</p><p><br /></p><p>Why the difference in dollars and yuan? Well, really there is no difference.. "yuan", in English, is the equivalent of "dollar". Dollar picked up fairly early on as the word to use with foreigners, so any bank wanting foreign investors would've been wise to use it. And they did. But as far as the Central Bank goes, they only used dollars in the early years, until 1928, and at the end, in 1949--using yuan in between. I don't know the minute history of the Bank, but it wouldn't be too wild a guess that the naming of the denomination had a political element. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /></p><p><br /></p><p>As for values:</p><p>The 1928 note in uncirculated condition ranges from $1 to $15 depending on whose signature is on it (you'll have to find a Pick catalog to tell the difference). There are a few varieties of the 1940 note.. does yours have the serial number on both sides? two smaller Chinese characters on either side of the big, fancy characters on the portrait side? or two characters printed over the squares on that same side? Could be a valuable one depending on the variety. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="EJL, post: 78823, member: 4419"]Nope. The Central Bank was the main bank of Nationalist China and remained in service through WWII. The Central Reserve Bank was one of the primary Japanese puppet banks during the occupation. Why the difference in dollars and yuan? Well, really there is no difference.. "yuan", in English, is the equivalent of "dollar". Dollar picked up fairly early on as the word to use with foreigners, so any bank wanting foreign investors would've been wise to use it. And they did. But as far as the Central Bank goes, they only used dollars in the early years, until 1928, and at the end, in 1949--using yuan in between. I don't know the minute history of the Bank, but it wouldn't be too wild a guess that the naming of the denomination had a political element. :) As for values: The 1928 note in uncirculated condition ranges from $1 to $15 depending on whose signature is on it (you'll have to find a Pick catalog to tell the difference). There are a few varieties of the 1940 note.. does yours have the serial number on both sides? two smaller Chinese characters on either side of the big, fancy characters on the portrait side? or two characters printed over the squares on that same side? Could be a valuable one depending on the variety. :)[/QUOTE]
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