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1 Cent Provincial Bank of Kweichow

Issuer Provincial Bank of Kweichow
Year 1949
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Printer Central Printing Factory, Chungking
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Obverse description Printed in orange-red on pale paper, the obverse is dominated by an intricate central guilloche rosette within a star-shaped frame, bearing the large Chinese numeral denomination 壹分 (1 cent). The bank title 貴州省銀行 (Provincial Bank of Kweichow) is inscribed in large characters across the top, flanked by alphanumeric serial numbers on either side. Two official seal cartouches appear at the lower left and right of the central vignette, and the date 中華民國三十八年 (Republic of China Year 38) is inscribed along the lower border, with the printer's imprint below.
Obverse lettering 貴州省銀行
壹分
銀圓輔幣
中華民國三十八年
中央印製廠重慶廠製
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Comments

The Provincial Bank of Kweichow was one of several regional institutions still issuing notes in 1949 as the Nationalist government's financial apparatus disintegrated. By the time this note was printed at the Central Printing Factory in Chungking, hyperinflation had already rendered gold yuan notes nearly worthless, and provincial scrip of this kind circulated in a monetary environment so chaotic that redemption was essentially theoretical from the outset.

Kweichow province fell to Communist forces later that same year. Notes printed in 1949 by surviving Nationalist provincial banks had extraordinarily short windows of legitimate use — weeks in some cases, not months.

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