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10 Cents Kwangtung Provincial Bank
| Issuer | Kwangtung Provincial Bank |
|---|---|
| Year | 1934 |
| Type | Log in to see details |
| Value | 10 Cents (0.10) |
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| Obverse description | Log in to see details |
|---|---|
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| Reverse description | Printed in red-brown, the reverse carries a dense guilloche underprint across the entire field, with large numeral '10' denominators set within scalloped cartouches at left and right, and smaller corner numerals echoing the denomination. A central panel bears the overprinted serial number, flanked by repeated 'TEN CENTS' lettering within the underprint; the bank name arcs across the upper register above a promise-to-pay clause, with 'TEN CENTS' in a bold lower cartouche and the issue date '1934' beneath. |
| Reverse lettering | THE KWANGTUNG PROVINCIAL BANK PROMISES TO PAY THE BEARER ON DEMAND TEN CENTS 1934 10 |
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| Comments |
The Kwangtung Provincial Bank operated with considerable autonomy from the Nationalist central government throughout the early 1930s, backed by the political and military authority of the Guangdong regional power structure. This 10-cent fractional note reflects that independence — provincial banks in southern China regularly issued their own low-denomination currency to fill a gap the national coinage system chronically failed to plug.
The S-prefix Pick number places this firmly in the specialized provincial and commercial issues rather than the central government series, a distinction that matters for tracing regional monetary policy during a period when Nanjing's financial reach was genuinely limited.