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1 Chiao / 10 Cents Bank of Shangtong; blue-purple

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.

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