Catalog
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| Issuer | Bank of Shangtong |
|---|---|
| Year | 27 (1938) |
| Type | Local banknote |
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| Obverse description | Blue-purple letterpress print on green underprint, with Chinese text reading right to left. A rural railway station vignette appears at left, flanked by square overprints bearing Chinese seal script characters. Denomination panels marked 壹 (one) appear at each corner. |
|---|---|
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| Reverse description | Purple letterpress print with dense foliate guilloche border surrounding a central vignette of a rural building beside a bridge over water. Denomination numerals 10 appear in large ornate cartouches at left and right, with the bank name at top and date at foot. |
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| Comments |
The Bank of Shangtong was one of several provincial banks established under Japanese-sponsored administrations in occupied northern China. Issued in Republic of China year 27 — 1938 — this note entered circulation almost immediately after Japanese forces consolidated control over Shandong province, displacing Nationalist-issued currency as part of a deliberate monetary strategy to extract economic value from occupied territory.
The romanization "Shangtong" rather than "Shantung" or the modern pinyin "Shandong" places this squarely in a transitional orthographic moment, and the English denomination line reading "10 Cents" was almost certainly aimed at foreign commercial credibility rather than local utility.