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1 Dollar Kwangtung Provincial Bank

Uitgever Kwangtung Provincial Bank
Jaar 1931
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Drukker American Bank Note Company, New York, United States
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Beschrijving keerzijde 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.
Opschrift keerzijde The Kwangtung Provincial Bank Promises to pay the bearer on demand at its office here One Dollar National Currency 1931 American Bank Note Company
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Opmerkingen

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.

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