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1 Yuan - Provincial Bank of Honan
| Issuer | Provincial Bank of Honan |
|---|---|
| Year | 1923 |
| Type | Standard circulation banknote |
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| Obverse description | Central vignette of a shrine or pavilion set within a multicolour underprint of red, orange, and yellow guilloche patterns. Chinese characters appear in the surrounding text panels and border inscriptions, denoting the issuing institution and denomination. |
|---|---|
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| Reverse description | The denomination "One Yuan" in English lettering occupies the centre, flanked on each side by the numeral "1" within decorative frames. The overall design is executed in orange tones with patterned guilloche borders. |
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| Comments |
The Provincial Bank of Honan was one of dozens of Chinese provincial institutions issuing their own paper currency during the warlord period, when central monetary authority had effectively collapsed. Honan province changed military hands repeatedly through the early 1920s, and notes like this one were often rendered worthless — or redeemed at punishing discounts — each time control shifted.
Pick S1688 is catalogued under the Chinese provincial issues, a category notorious for attribution difficulties given how many banks shared similar names or issued near-identical series under successive administrations.