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1 Yuan Bank of Eastern Chekiang
| Issuer | Bank of Eastern Chekiang (浙東銀行) |
|---|---|
| Year | 1945 |
| Type | Log in to see details |
| Value | 1 Yuan = 7.2 Mace (0.72) |
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| Obverse description | Uniface emergency issue printed in red-orange on plain paper, with a central oval cartouche enclosing the denomination 壹圓 in bold Chinese characters, flanked on either side by square red seal impressions. A decorative rectangular border with corner rosettes and stylised pillar motifs at left and right frames the composition, with Chinese inscriptions arranged across the upper and lateral fields identifying the issuing bank and the note's regional validity. The Republican era date inscription 中華民國三十四年印 runs along the lower margin, with a serial number in Arabic numerals positioned beneath the central cartouche. |
|---|---|
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| Reverse description | The reverse is uniface and left blank, bearing only a square seal stamp impression. |
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| Comments |
The Bank of Eastern Chekiang was a regional institution operating in Zhejiang Province during the final chaotic years of the Second Sino-Japanese War. By 1945, the province had experienced years of shifting Japanese occupation and Chinese Nationalist counter-pressure, and local currency issuance was fragmented among numerous provincial and county-level banks — each trying to maintain some functional exchange medium as hyperinflationary pressures from Chongqing's central government notes made the CNC dollar increasingly unreliable.
The S-prefix Pick classification places this firmly in the Chinese provincial and local issues category. Relatively little detailed documentation exists for this specific series variant, which is itself telling about how briefly and narrowly it may have circulated.