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1 Chiao The Amoy Industrial Bank
| Issuer | The Amoy Industrial Bank (廈門勸業銀行) |
|---|---|
| Year | 1940 |
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| Currency | Yuan (1914-1949) |
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| Obverse description | Printed in dark green on a fine guilloche underprint, the obverse carries a central vignette of the South Gate of Zhongshan Park in Xiamen, rendered in detailed intaglio with trees flanking the ornate triple-arched ceremonial gateway. To the right, a large guilloche medallion bears the denomination characters 壹角 in bold relief, while the bank title 廈門勸業銀行 runs across the top in Chinese characters. Corner cartouches display the denomination 壹角 at upper left and upper right, and an intricate scrollwork border frames the entire design. |
|---|---|
| Obverse lettering | 廈門勸業銀行 壹角 (Translation: The Amoy Industrial Bank 1 Chiao (10 Cents)) |
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| Comments |
The Amoy Industrial Bank was a Japanese-sponsored institution established in Xiamen (Amoy) following the city's occupation in May 1938. Like several puppet financial bodies operating in occupied coastal China during this period, it issued low-denomination scrip intended to displace circulating Nationalist currency and assert economic control at the street level. The 1 Jiao denomination was precisely the kind of small-change instrument suited to that purpose — too minor for hoarders, too ubiquitous to ignore.
Surviving examples of the S1657 series are not especially common, as much of the wartime scrip issued by collaborationist banks in Fujian Province was either destroyed during postwar currency transitions or simply disintegrated through heavy low-denomination use.