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1 Yuan Bank of Eastern Chekiang
| Issuer | Bank of Eastern Chekiang (浙東銀行) |
|---|---|
| Year | 1944 |
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| Currency | Yuan (1912-1949) |
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| Obverse description | Central vignette presents a busy rural market scene with farmers and villagers engaged in agricultural trade, framed within an arched border. The bank title 浙東銀行 (Bank of Eastern Chekiang) appears in red Chinese characters at the top, with the denomination 壹圓 (One Yuan) repeated in ornamental cartouches at left and right. The overall design is executed in blue letterpress with a fine guilloche border enclosing the corners. |
|---|---|
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| Reverse description | Dominated by a large central numeral '1' set within an elaborate blue guilloche rosette, flanked by the denomination numeral '1' in each lower corner. The English inscription 'ONE YUAN' appears on a scroll across the centre, with the date '1944' at the bottom. Two red seal cartouches bearing Chinese characters are printed at lower left and lower right, and a fine guilloche frame borders the entire field. |
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| Comments |
The Bank of Eastern Chekiang was a regional institution operating under Japanese occupation administration in Zhejiang province during the Second Sino-Japanese War. Notes issued in this period — particularly from 1944 — circulated in an economy deliberately fractured by occupation currency policy, which suppressed the Nationalist fabi and flooded coastal Zhejiang with competing puppet-bank paper to control local commerce and extract resources.
The S-prefix Pick number places this firmly in the specialized regional issues category, distinct from the major puppet banks like the Federal Reserve Bank of China. Collector documentation on this specific type remains thin, and authenticated examples surface infrequently.