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1 Jiao / 10 Cents Bank of China
| Issuer | Bank of China |
|---|---|
| Year | 1917 |
| Type | Standard circulation banknote |
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|---|---|
| Obverse lettering | 中國銀行小銀元券 壹角 東三省 東三省 中華民國六年十月 (Translation: Bank of China Small Silver Yuan Note One Jiao / Three Eastern Provinces / Republic of China Year 6, October) |
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| Reverse lettering | BANK OF CHINA OCTOBER 1ST 1917 10 CENTS MANCHURIA |
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| Comments |
The Bank of China was reorganized in 1912 from the old Qing dynasty's Da-Qing Bank, and by 1917 it was operating under tight government pressure — the Beiyang administration had already defaulted on redemption obligations in 1916, forcing a suspension of convertibility that badly damaged public trust in Chinese bank notes generally. This note entered circulation in that damaged environment.
Pick 42 is one of several small-denomination issues from this period that exist in multiple regional overprint varieties, with different branch names stamped or printed for cities including Shanghai, Peking, and Tientsin. Branch attribution significantly affects value and rarity within the type.