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1 Yuan / 1 Dollar Bank of Kiang Nau

Issuer Bank of Kiang Nau
Year 1945
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Value 1 Yuan = 7.2 Mace (0.72)
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Obverse description Central vignette of terraced rice fields with mountains in the background, rendered in a fine engraved style. The bank name 江南銀行 (Bank of Kiang Nau) appears in Chinese characters along the upper portion, with the denomination 壹圓 (One Yuan) to the right. Red serial numbers are printed in two positions across the note, with red seal impressions at the lower center, all set against a dense blue guilloche border with the numeral 壹 repeated in each corner.
Obverse lettering 江南銀行 壹圓
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Comments

The Bank of Kiang Nau was a puppet institution operating under Japanese occupation authority in central China. Notes issued under these arrangements in 1945 came at the very end of Japanese control, meaning circulation was brief and redemption essentially nonexistent after surrender — surviving examples often show little wear simply because the notes became worthless before they could accumulate any.

The S-prefix in the Pick reference places this in the Specialized volume for Chinese issues, a category dense with short-lived regional banks whose paper outlasted their issuers by decades.

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