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This 50 Customs Gold Units banknote was issued in 1930 by the city of Shanghai, China, and belongs to series SD. It is part of the particular economic context of Republican China, a period during which the monetary system sought to stabilize itself through the introduction of denominations based on the customs gold standard, the Customs Gold Units having been created to facilitate the settlement of customs duties.
The portrait of Sun Yat-Sen, a major political figure of modern China, founder of the Kuomintang and first president of the Republic of China, adorns this banknote. His representation on banknotes of that era reflects the symbolic importance given to this figure in the construction of Chinese republican national identity.
The Customs Gold Units constituted a specific monetary unit, distinct from the traditional yuan, and were primarily used in the context of commercial transactions related to international trade passing through Chinese ports, with Shanghai representing the main economic hub. This 50-unit banknote thus represented a significant denomination within this particular monetary system.
Series SD allows for the precise identification of this banknote's issue series, an essential element for collectors and researchers in paper numismatics, as different series may present notable graphic or printing variants. The year 1930 corresponds to a period of relative political and economic instability in China, which gives this type of monetary document an important historical dimension.
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