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1 Yuan Bank of Chinan

Issuer Bank of Chinan
Year 1939
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Currency Yuan (1935-1946)
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Obverse lettering 冀南銀行
壹圓
中華民國二十八年印
Reverse description Brown. A central rectangular vignette depicts a sailing vessel on open water, framed by symmetrical guilloche panels. The English legend BANK OF CHINAN arcs across the top within a scroll banner, with ONE YUAN and the year 1939 inscribed at the lower margin. Two manuscript signatures appear beneath the central vignette.
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Comments

The Bank of Chinan (Chi-Nan Yinhang) was a Japanese-sponsored institution established in 1938 to serve the occupied territories of Shandong province. Its notes were part of a broader currency replacement strategy aimed at displacing Chinese Nationalist and existing regional currencies — forcing local populations to transact in instruments tied to Japanese occupation authority.

The 1939 dating places this note in the bank's earliest operational period. Counterfeiting of occupation-era regional issues was widespread, and the Nationalist government actively encouraged it as an economic disruption tactic.

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