This listing is for the photographed 1944 N.D. Federal Reserve of China 100 Yuan Bank Note. Issued under the Japanese-controlled puppet states in China towards the end of World War 2. The obverse of this note displays a portrait of Huang Ti on the right end and the entrance to a palace building on the left end. Beautiful design and interesting historical note. P#J83 (Pick Number J83). Great addition to any collection! Choose by grade/condition.

The Federal Reserve of China was established in 1938 by the Japanese government in their occupied Chinese puppet states with the goal of reforming and controlling the economy of Japanese-occupied land in China. The Yuan notes, such as this one, were issued with traditional Chinese symbols and designs to appeal to the local populations. Some notes even included subtle hidden anti-Japanese occupation propaganda messages as a form of protest. These notes give an extremely interesting snapshot into the tension-filled history of China and Japan during the 20th century!

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1944 Federal Reserve of China 100 Yuan Note - Huang Ti Portrait Note - 1944 Japan Puppet States Chinese One Hundred Yuan Note - P#J83