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10 Cents Kwangtung Provincial Bank
| Issuer | Kwangtung Provincial Bank |
|---|---|
| Year | 1949 |
| Type | Log in to see details |
| Value | 10 Cents (0.10) |
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| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
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| Reverse description | English-language legends are arranged across the note, mirroring the denomination and issuer information of the obverse. The central vignette presents a fine line-engraved view of the Dr. Sun Yat-sen Memorial Hall in Yuexiu Park, Canton, the building completed in 1931, framed by decorative guilloche border elements. |
| Reverse lettering | The Kwangtung Provincial Bank Ten Cents 1949 |
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| Comments |
Kwangtung Provincial Bank issued this 10 Cents note in 1949 as the Nationalist financial system was in free collapse. The Communist advance through southern China made provincial-level currency issuance increasingly desperate and short-lived — notes like this often circulated for weeks rather than months before becoming worthless. Kwangtung fell to the People's Liberation Army in October 1949, rendering the entire provincial banking apparatus defunct almost immediately after this denomination entered circulation.
The fractional cent denominations from this final period are frequently overlooked by collectors, which keeps prices low relative to their genuine scarcity.