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1 Dollar Kwangtung Provincial Bank
| Issuer | Kwangtung Provincial Bank |
|---|---|
| Year | 1931 |
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| Composition | Log in to see details |
| Size | 148 × 83 mm |
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| Obverse description | Brown ink on multicolor guilloche underprint. A central vignette bears a portrait of Sun Yat-sen, flanked by vertical signature and flower overprints at left and right. A black overprint reading LOCAL CURRENCY appears on the note, with serial numbers printed in either red or blue. |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Printed in brown, the reverse carries a central vignette of the Sun Yat-sen Memorial Hall in Canton. Serial numbers appear in either red or blue ink. |
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| Comments |
The Kwangtung Provincial Bank was established in 1924 under the Guangdong provincial government, then effectively a rival power center to Beijing under Sun Yat-sen's Kuomintang. Provincial bank notes from this period circulated in a monetary environment where dozens of competing local and national issues overlapped, and credibility rested heavily on the prestige of the printer. Commissioning the American Bank Note Company was a deliberate signal to merchant communities in Canton and Hong Kong that the paper carried genuine backing.
ABNC produced the plates in New York; the notes were shipped to Guangdong for issue. The series ran into the mid-1930s before the Nationalist government's 1935 currency reform — which nationalized note-issuing authority under the Central Bank — effectively ended independent provincial circulation.