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1 Dollar Kwangtung Provincial Bank

Issuer Kwangtung Provincial Bank
Year 1931
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Currency Yuan (1900-1949)
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Obverse description Orange on multicolour underprint. Portrait of Sun Yat-sen to the right, set against an intricate guilloche underprint. Serial numbers printed in blue.
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Reverse lettering THE KWANGTUNG PROVINCIAL BANK PROMISES TO PAY THE BEARER ON DEMAND AT ITS OFFICE HERE 1 1 1 1 ONE DOLLAR LOCAL CURRENCY 1931 AMERICAN BANK NOTE COMPANY
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Comments

Kwangtung Provincial Bank operated under the Nationalist government's push to regionalize banking infrastructure in the late 1920s and early 1930s, a policy that produced dozens of provincial institutions with overlapping and often competing note issuances. The American Bank Note Company's involvement here is purely commercial — ABNC held extensive contracts with Chinese provincial and central banks throughout this period, and the Kwangtung series was one of several concurrent Chinese commissions running through their New York presses simultaneously.

By 1935, the Nationalist government's currency consolidation effectively rendered most provincial bank notes redundant, sharply curtailing the active circulation life of this series.

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