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1 Yuan / 1 Dollar Kwangtung Provincial Bank
| Issuer | Kwangtung Provincial Bank |
|---|---|
| Year | 29 (1940) |
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| Composition | Paper |
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|---|---|
| Obverse lettering | 圓壹 行銀省東廣 圓壹 區 崖 瓊 流 通 券 幣國換兑區崖瓊在券憑 圓壹 印年九十二國民華中 圓壹 (Translation: 1 Yuan Kwangtung Provincial Bank 1 Yuan Kiungai District Circulating Banknote Exchangeable within the Kiungai District 1 Yuan Issued in the 29th year of the Republic 1 Yuan) |
| Reverse description | Blue and pink bicolour design with an elaborate guilloche underprint bearing a repeated $1 dollar symbol. A large central medallion encloses the denomination numeral "1" with the word "ONE" at centre, flanked by ornate corner cartouches. The issuer name appears in a bold banner at top, with date and district inscription below the central motif. |
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| Comments |
The Kwangtung Provincial Bank was one of several provincial institutions that continued issuing notes under Japanese occupation, operating within a currency framework designed to displace Nationalist fiat and draw southern China into Japan's Co-Prosperity Sphere monetary orbit. The 1940 date places this squarely in that transition period, after the fall of Canton in October 1938 but before the full consolidation of puppet banking infrastructure in Guangdong.
Notes from this period are frequently encountered with significant foxing and paper brittleness — a known characteristic of wartime Chinese provincial paper, which was produced under supply constraints that affected fiber quality across the board.