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1 Dollar Peiyang Bond

Issuer Peiyang Tientsin Bank
Year 1910
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Size 147 × 95 mm
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Obverse description The obverse is printed in green and rust-red tones on a cream ground, with an elaborate guilloche underprint covering the entire field. At the top, the bank title 'PEIYANG TIENTSIN BANK' is set within a decorative banner flanked by scrollwork. Two confronted dragon vignettes in intaglio occupy the upper register, framing a central oval cartouche bearing the large Chinese denomination character 壹圓 (One Dollar) alongside vertical anti-counterfeiting text. To the lower left, an oval vignette presents an intaglio view of the bank building, while to the lower right a corresponding oval carries a portrait of an elderly Chinese official in traditional dress. Corner numerals '1' and Chinese characters appear at each margin.
Obverse lettering PEIYANG TIENTSIN BANK
北洋天津銀張
壹圓
私刻假造照私鑄仿造罪
通用大銀圓記票不認人
ONE DOLLAR
1
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Comments

The Peiyang Tientsin Bank was one of several short-lived provincial institutions that emerged during the last years of the Qing dynasty, when regional military governors — in this case the Beiyang clique under Yuan Shikai's sphere of influence — sought independent financial instruments to fund local administration and army payroll. The bank's name reflects that political alignment directly: "Peiyang" was synonymous with Yuan Shikai's northern military network, not a neutral geographic descriptor.

Bradbury Wilkinson produced the plate work in London to a high engraved standard, as was their practice for Chinese provincial clients during this period. The bank did not survive the republican transition of 1912, which severely limits the window of genuine circulation for any note in this series.

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