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10 cents The Shantung Min Sheng Bank
| Issuer | Shantung Min Sheng Bank |
|---|---|
| Year | 1936 |
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| Composition | Log in to see details |
| Size | 107 × 60 mm |
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| Obverse description | Red monochrome note with the bank title in Chinese characters (山東省民生銀行) on a central banner at top, flanked by dragon vignettes at the upper corners. The central vignette presents a Chinese junk under sail on open water, framed by the denomination 壹角 (one jiao) repeated on either side in large characters. Two square seal-style cartouches appear at mid-left and mid-right, with the serial number and Chinese text indicating the Republic of China year 25 along the lower margin. |
|---|---|
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| Reverse lettering | THE SHANTUNG MIN SHENG BANK TEN CENTS CENTS 10 1936 |
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| Comments |
The Shantung Min Sheng Bank was one of several provincial banks operating in Shandong during the Nationalist period, issuing small-denomination fractional notes to address the chronic shortage of subsidiary currency that plagued rural commerce throughout northern China in the 1930s. Notes at this level — well below a yuan — were primarily intended for local market transactions where copper cash was disappearing but silver was impractical.
By 1937, Japanese military advance into Shandong rendered most provincial banking operations in the region defunct or absorbed. Survival rates for small fractional issues from this bank are low, partly because such notes saw hard daily use and partly because wartime disruption ended orderly redemption.