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1 Dollar Exchange Bank of China
| Issuer | Exchange Bank of China |
|---|---|
| Year | 1920 |
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| Value | Log in to see details |
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| Composition | Log in to see details |
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| Engraver(s) | Log in to see details |
| In circulation to | Log in to see details |
| Reference(s) | P#S304 |
| Obverse description | The obverse is printed in brown tones and centres on an oval guilloche vignette of the Cheng-yang-men Gate (Zhengyangmen) in Peking, flanked by ornate scrollwork side panels each bearing the denomination 壹圓 in Chinese characters. The bank title 中華匯業銀行 runs across the upper margin alongside a red serial number, with red chop seals and the branch designation 天津 (Tientsin) at lower left and right. An elaborate geometric interlocking border frames the entire composition. |
|---|---|
| Obverse lettering | 中華匯業銀行 天津 壹圓 中華民國九年 (Translation: THE EXCHANGE BANK OF CHINA, ONE DOLLAR, TIENTSIN, 1920) |
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| Comments |
The Exchange Bank of China was a short-lived institution, established in 1915 and already in serious financial difficulty by the early 1920s. Notes from the 1920 issue had a limited effective circulation window before the bank's collapse rendered them worthless, and survivors were frequently destroyed or abandoned rather than formally redeemed — which partly accounts for their scarcity today.
Printed by the Bureau of Engraving and Printing in Peking, this is domestic production at a moment when most Chinese provincial and commercial banks still depended on foreign printers such as American Bank Note Company or Waterlow. That choice is worth noting.