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Central Bank of China 1928 10 Dollars banknote (paper money), domiciled for Shanghai.

Like most Chinese currency of the Republican era (1927-1949), it is bilingual, with English on one side and Chinese on the other side. It depicts Sun Yat Sen, a revolutionary leader.

The $10 was the predominant note in circulation in 1920s-30s Shanghai, which at the time was by far the leading city of the Far East.

The Central Bank of China was established in the mid-1920s as a note issuing entity, modeled on the US Federal Reserve Bank system. Unlike the Federal Reserve, virtually all of the Chinese central bank notes were issued from Shanghai, rather than from a number of different offices.

The note interestingly refers to "national currency" even though at the time, it would had been payable in Chinese silver dollars - suggesting that at the time, there may had been consideration of China going off the silver standard (which it did, in 1935).

PLEASE NOTE: Stock photos shown of "average" condition pieces, similar to that which you'll get.

More historically interesting items at www.etsy.com/shop/greenlandturtle/

1928 China 10 Dollars Shanghai Banknote


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