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Bank Of Taiwan 10 Yuan 1949 Note

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New Member

United States
9 Posts
 Posted 05/03/2018  10:01 am Show Profile   Bookmark this topic Add jchrisler to your friends list Get a Link to this Message Number of Subscribers
Hello again,

I am posting this note because it struck me as unusual for the note to be positioned horizontally rather than vertically - please let me know about this bill. What would be it's grade? My guess is it would be Good or Very Good, but I am quite new at this so I would welcome other opinions.

I have a question about condition of paper money; all of the notes I have have been stored for years in plastic sleeves, many of them have slight folds at the tips of the corners, should I unfold these tips which leave the bill with a slight curl at the edge or leave them as they are? I have left the fold in the note posted below - when the man's face is upward, there is a small fold in the bottom left corner (when the note is horizontal).

Here is the note I have:

Bank-Of-Taiwan-10-Yuan-1949-Note
Bank-Of-Taiwan-10-Yuan-1949-Note

I also have no idea as to the value of this note, I did look this note up on ebay and the values there range widely.

I am also now thinking that the lower the serial number the better? Is this an accurate assessment, or am I off base thinking that? I am sure there are other factors to consider, but being new to this I have no idea what they are.

Any information regarding this note would be most appreciated. Thank you so much, Julie
Pillar of the Community
paxbrit's Avatar
United States
992 Posts
 Posted 05/03/2018  2:28 pm  Show Profile   Bookmark this reply Add paxbrit to your friends list Get a Link to this Reply
Good or Fair is an appropriate grade, the lower spectrum of condition is not easy to grade. It's in poor condition and most collectors will pass on a purchase.

The vertical format is not common, but nothing to be surprised to see. The serial number is really not a low number, unless it's under 1,000, or 100, it's just not sought after. Solid numbers are good, though, like all 1s, 2s, etc, and ladders and repeaters. All 4s or all 8s are popular in Asia.
New Member
United States
9 Posts
 Posted 05/03/2018  3:15 pm  Show Profile   Bookmark this reply Add jchrisler to your friends list Get a Link to this Reply
Thank you once again paxbrit for answering my questions - you are very kind. Most of the Asian notes I have are in used condition, I am thinking many, most or all of them came home after WWII. I may be wrong but there are also notes issued by the military or allied forces in this batch of notes which make me think of the of the military in Asia. Just speculating. So thank you so much for helping me again, I will not expect much of the bills that I have that are in well circulated condition - as with almost everything else, the more pristine the better - I do have some nice notes too, fewer though. Thank you again, Julie
New Member
Rakka's Avatar
Taiwan
11 Posts
 Posted 05/30/2018  10:59 pm  Show Profile   Bookmark this reply Add Rakka to your friends list Get a Link to this Reply
Bank-Of-Taiwan-10-Yuan-1949-Note

image from: Catalog of banknotes and coins issued in Taiwan, p.68

Value according to this catalog is TWD 150, 2200, 3800.
150 60% new
2200 UNC without serial number 3
3800 UNC with serial number 3
Now 1 USD = 30 TWD

Dealers and collectors in Taiwan prefer the banknotes with serial number 3.
Because from 1940 to 1965 there are two printing plants under our Central Bank and their 3 style is different.

Bank-Of-Taiwan-10-Yuan-1949-Note

Till now the banknotes serial number with 3 value is more than without 3 one's.

And also agree @paxbrit opinion, all 1s, 2s, etc which we call them funny number with higher value.
Edited by Rakka
05/30/2018 11:01 pm
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