Chinese customs gold unit

From Wikipedia, the free encyclopedia

Chinese customs gold unit
海關金單位兌換券 ¹ (Chinese)


10 customs gold units	20 customs gold units

User(s)

Republic of China

Subunit

1/100

cent (分, Fen)

Coins

None

Banknotes

100, 500, 1000, 2000, 2500, 5000, 10 000, 25 000, 50 000, 250 000 CGUs

Central bank

Central Bank of China

Website

www.cbc.gov.tw

Printer

American Bank Note Company and more (see article)

This infobox shows the latest status before this currency was rendered obsolete.

關金 for short

The customs gold unit (sometimes CGU) was a currency issued by the the Central Bank of China between 1930 and 1948. In Chinese, the name of the currency was 關金圓, literally "customs gold yuan" but the English name given on the notes' reverses was "customs gold unit". It was divided into 100 cents (關金分). As the name suggest, it was initially used for customs payments but it was in general circulation and used by the population by 1942, at 20 times the worth of the first Chinese yuan.^{[citation needed]}

1 Banknotes
2 Trivia
3 See also
4 References

[edit] Banknotes

Several series were issued, the first dated 1930, with several dated 1947 and 1948. The 1930 series was printed into the 1940s. The 1947 and 1948 series were issued with slight differences such as printers, guillochés and proportions, making the series classification difficult.

The design was consistent throughout the different series. The obverse featured Dr. Sun Yat-sen, while the Shanghai Customs House appeared on the reverse with the inscription: The Central Bank of China promises to pay the bearer on demand at its office here. The 1930 series was printed by the American Bank Note Company and included denominations of 10 and 20 cents, 1, 5, 10, 20, 50, 100 and 250 CGU. Denominations issued in 1947 and 1948 included 100, 500, 1000, 2000, 2500, 5000, 10 000, 25 000, 50 000 and 250 000 CGU. These notes were printed by, among others, the American Bank Note Company, Waterlow and Sons, the Security Banknote Company, the Chung Hua Book Company, Thomas De La Rue and the China Engraving and Printing Works.