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1 Dollar Ta-Ching Government Bank

Issuer Ta Ch'ing Government Bank
Year 1907-1908
Type Standard circulation banknote
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Obverse description Chinese side. Date: Guangxu Year 33 (1907). Branch: Hankow. Denomination: 1 Dollar. Dragon at center.
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Reverse description 1.6.1907. Green and lilac. Back: Supported arms at upper center. Printer: CMPA. Issued note. Serial NºF74542.
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Comments

The Ta-Ching Government Bank was established by imperial edict in 1905 as the Qing dynasty's first attempt at a centrally controlled state bank, replacing the fragmented network of provincial banks and native money shops that had long dominated Chinese finance. This note predates the 1911 revolution by only a few years — the institution itself barely outlasted the dynasty that created it, collapsing alongside the imperial government.

The Commercial Press in Shanghai was one of the few domestic printers capable of producing banknotes at the time, having built its technical capacity largely through Japanese partnership. That the Qing government turned to a Shanghai commercial printer rather than a foreign security printer — British or American firms handled much of China's note production in this period — marks this issue as an deliberate, if modest, assertion of domestic printing capability.

Notes from the 1907–1908 window are scarcer than later Republican-era issues; surviving examples in any condition are relatively few given the political disruption that followed within four years of issue.

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