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Central Bank of China : 20 Customs Gold Units Banknote - Shanghai 1930

Central Bank of China : 20 Customs Gold Units Banknote - Shanghai 1930
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Central Bank of China : 20 Customs Gold Units Banknote - Shanghai 1930

Description

▪︎ Central Bank of China
▪︎ Denomination : 20 Customs Gold Units
▪︎ Issued By The American Banknote Company - Shanghai 1930
▪︎ Serial No. EE109823
▪︎ Circulated

▪︎ The Customs Gold Unit was adopted on 1st February 1930 to replace the Haikwan or Customs table as the standard for Customs payments. It was defined as equal to 601.866mg Fine Gold or US$0.40. CGU notes were fully backed by silver and were legal tender for paying import duties.

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