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| 正面描述 | Red on multicolor guilloche underprint. Intaglio portrait of Dr. Sun Yat-sen in an oval vignette at right, with the bank title in Chinese characters across the top and denomination numerals repeated along the side borders. A central ornate cartouche carries the denomination in large Chinese characters, flanked by vertical columns bearing the signatures of bank officials at left and right of center. |
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| 背面铭文 | THE KWANGTUNG PROVINCIAL BANK 1935 PROMISES TO PAY THE BEARER ON DEMAND AT ITS OFFICE HERE TEN CENTS LOCAL CURRENCY AMERICAN BANK NOTE COMPANY. |
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The Kwangtung Provincial Bank operated as a regional institution under Guangdong province's quasi-autonomous administration, which through the early 1930s maintained a degree of financial independence from the Nationalist central government in Nanjing. Small fractional notes like this one were a practical necessity in South China's cash-heavy retail economy, where silver coinage was still the public's preferred medium and paper of low denomination had to earn trust incrementally.
ABNC's involvement reflects a common pattern among provincial Chinese banks seeking the credibility of a foreign security printer. The plates were produced in New York, with sheets shipped for local issue.