Catalog
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| Issuer | Fengtien Public Exchange Bank |
|---|---|
| Year | 1924 |
| Type | Local banknote |
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|---|---|
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| Reverse description | Printed in dark blue on plain paper, the reverse is enclosed within a geometric guilloche border with lobed corner medallions bearing the numeral 10. The upper register carries the English bank title FENGTIEN PUBLIC EXCHANGE BANK across a fine latticework band. The central vignette presents an engraved landscape scene of hills, trees, and a pagoda tower reflected in a body of water, framed by scrollwork cartouches with the numeral 10 at left and right. The denomination TEN COPPER COINS appears in English below the central vignette. |
| Reverse lettering | FENGTIEN PUBLIC EXCHANGE BANK TEN COPPER COINS 10 |
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| Comments |
The Fengtien Public Exchange Bank was a provincial institution operating under the financial apparatus of Zhang Zuolin's Manchurian administration, issuing copper-denominated notes to address chronic small-change shortages that plagued everyday commerce in the Northeast. Copper cash notes of this type circulated alongside a chaotic mix of provincial, military, and foreign-issued currency — the Manchurian monetary environment of the 1920s was fragmented almost beyond description.
Pick S1377 falls within the "S" series — semi-official and provincial issues — which itself signals how loosely organized this emission was relative to central banking standards of the period.