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1 Dollar Ta-Ching Government Bank
| Issuer | Ta Ch'ing Government Bank |
|---|---|
| Year | 1906 |
| Type | Log in to see details |
| Value | 1 Dollar |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | 壹圓 光緒三十二年印 漢律通用銀圓 此票收開通封用 束津 |
| Reverse description | Log in to see details |
| Reverse lettering | THE TA-CHING GOVERNMENT BANK Promises to pay the Bearer on demand at its Office here One Dollar Local Currency ONE DOLLAR TIENTSIN KAIFONG 1st Sept. 1906 ACCT MANAGER |
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| Comments |
The Ta-Ching Government Bank was established by imperial decree in 1905 as the Qing dynasty's first attempt at a centrally controlled national bank — distinct from the older provincial and merchant banking structures. This 1906 dollar note came at a moment when the Qing administration was aggressively trying to standardize a monetary system that had long run on regional silver tael weights, foreign trade dollars, and a chaotic mix of local copper cash.
The bank's authority collapsed faster than its ambitions. The 1911 Xinhai Revolution ended Qing rule entirely, and many of these notes were rendered worthless within years of issue. Survivors in collectible condition are scarce precisely because they circulated hard in a system that had no stable redemption mechanism behind them.