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1 Jiao / 10 Cents Bank of China

Issuer Bank of China
Year 1940
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Shape Rectangular
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Obverse description The obverse is printed in red on a light ground, with a central vignette of the Temple of Heaven in Beijing, rendered in fine intaglio line work, set against a stylized landscape with trees and a broad staircase approach. The bank title 行銀國中 appears at the top in Chinese characters, flanked by ornamental corner devices, with the denomination 壹角 in a decorative cartouche to the left of the vignette. A serial number appears in the upper centre field, and additional Chinese text including branch authorization characters is printed in the lower left.
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Reverse lettering BANK OF CHINA
10
TEN CENTS
GENERAL MANAGER
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Comments

The Bank of China's 1940 small-denomination issues were produced during one of the most administratively fractured periods in Chinese monetary history — the nationalist government had relocated to Chongqing, and the Bank of China was simultaneously operating under wartime restrictions while competing with Japanese puppet bank currencies flooding occupied territories. Low-denomination notes like this one were workhorses of daily transaction in Free China, and most surviving examples show it.

Pick 82 is among the more common of the wartime small notes, though the series has generated persistent attribution confusion due to overlapping issue authorities and regional overprints applied at distribution points rather than at the printer.

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