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1 Dollar Kwangtung Provincial Bank

Issuer Kwangtung Provincial Bank
Year 1936
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Value 1 Dollar
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Obverse lettering 廣東省銀行
壹圓
副行長
行長
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Reverse lettering THE KWANGTUNG PROVINCIAL BANK
ONE DOLLAR
ONE DOLLAR
ONE DOLLAR LOCAL CURRENCY
CHUNG HWA BOOK CO., LTD
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Comments

The Kwangtung Provincial Bank operated as a regional institution under Guangdong provincial authority during a period when that province was effectively running its own monetary policy, semi-independent of Nanking. The 1936 date places this note in the last window before the Japanese invasion and the currency consolidation pressures of the late 1930s collapsed most provincial banking arrangements entirely.

ABNCo's involvement was typical for prestige Chinese provincial issues of this period — the New York plate work gave the notes a credibility that domestic printing could not yet reliably match. Whether they circulated widely in the Pearl River Delta or were quickly superseded is a question condition distribution in surviving collections has never cleanly answered.

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