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1 Yuan / Dollar Bank of China
| Issuer | Bank of China |
|---|---|
| Year | 1917 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Yuan (1912-1948) |
| Composition | Log in to see details |
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| Printer | Log in to see details |
| Designer(s) | Log in to see details |
| Engraver(s) | Log in to see details |
| In circulation to | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | 券换兑行银国中 壹 圓 (Translation: Bank of China Exchange Note One Yuan) 天津 (Tientsin) 中華民國六年印 兌付國幣 (Translation: Printed in the 6th Year of the Republic of China, Payable in National Currency) |
| Reverse description | Log in to see details |
| Reverse lettering | BANK OF CHINA PROMISE TO PAY THE BEARER ON DEMAND AT ITS OFFICE HERE ONE LOCAL CURRENCY TIENTSIN 1ST MAY 1917 AMERICAN BANK NOTE COMPANY |
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| Comments |
Bank of China's 1917 dollar notes were issued in a politically fractured China — the republican government in Beijing was nominally in control, but regional warlords and competing financial interests made uniform currency circulation deeply uneven. The American Bank Note Company had been supplying Chinese financial institutions with engraved notes since the late Qing period, and by 1917 ABNC work was considered a mark of institutional credibility in the treaty-port banking world.
Pick 38 exists in multiple place-name varieties — Shanghai, Peking, Tientsin, Harbin, and others — each overprinted or printed for a specific branch, which affects relative scarcity considerably. Collectors frequently undervalue the rarer branch designations when comparing against the more common Shanghai issues.