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1 Yuan Farmer's Bank of Northwest China

Issuer Farmers Bank of North-West China
Year 1940
Type Local banknote
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Obverse description Printed in dark green and dark brown. A vignette at left shows a farmer plowing a field with a horse, while a second farmer figure appears at right. Denomination and bank inscriptions frame the central design.
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Reverse description Printed in red-orange and dark brown with an intricate guilloche border. A central oval vignette depicts a rural building complex with trees, flanked by large Chinese numeral 壹 (one) medallions on either side. The English legend THE FARMERS BANK OF NORTH-WEST CHINA appears in a panel at the top centre, with the date 1940 printed below the central vignette alongside two manuscript signatures.
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Comments

The Farmers Bank of North-West China was one of several regional banks established under Nationalist (Kuomintang) authority to support agricultural credit and rural finance in the interior provinces. By 1940, the Japanese advance had pushed the Nationalist government deep into the southwest and northwest, and regional banks like this one were operating under severe wartime pressure — supply chains for paper and ink were unreliable, and note production was increasingly improvised.

The S-prefix in the Pick reference places this firmly in the specialized Chinese regional issues catalog, a notoriously complicated area where attribution, printing authority, and actual circulation geography are frequently disputed among specialists.

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