1945 Federal Reserve of China 500 Yuan Note - Temple of Heaven Issue - 1945 Japan Puppet States WWII Chinese Five Hundred Yuan Note - P#J90a

This listing is for the photographed 1945 N.D. Federal Reserve of China 500 Yuan Bank Note. Issued under the Japanese-controlled puppet states in China at the end of World War 2. The obverse of this note displays the Temple of Heaven. Salmon color underprint type. Extremely Fine (XF) grade/condition, minimal visible folds and signs of circulation. Beautiful design and interesting historical note. P#J90a (Pick Number J90a).

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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1945 Federal Reserve of China 500 Yuan Note - Temple of Heaven Issue - 1945 Japan Puppet States WWII Chinese Five Hundred Yuan Note - P#J90a