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10 Dollars

Issuer Hsing Yeh Bank of Jehol
Year 1920
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Value 10 Dollars
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Obverse description The obverse is printed in dark brown tones with a central vignette of a classical Chinese pavilion or ceremonial structure set within a decorative border of guilloche patterning. The denomination 拾圓 (Ten Dollars) appears in large Chinese characters on both the left and right panels, flanking the central vignette, with the bank name 興業銀行 rendered in Chinese script across the upper register. Red serial numbers are printed in the upper portion, and the issuing region 熱河 (Jehol) is noted at the lower corners alongside the date inscription 中華民國九年 (Republic of China Year 9, i.e. 1920).
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Reverse lettering HSING YEH BANK OF JEHOL
TEN Dollars
10
JEHOL
EXCHANGE NOTE
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Comments

The Hsing Yeh Bank of Jehol was a provincial institution operating in what is now northeastern China — a region that sat uneasily between Chinese Republican authority, warlord control, and eventually Japanese imperial ambition. By 1920, Jehol province was under the effective grip of local military commanders whose backing of regional banks was as much about financing operations as facilitating commerce.

Provincial bank notes from this period were frequently refused outside their immediate issuing district, and redemption was never guaranteed. The Pick SNL designation reflects how little documentation survives for this institution — most Jehol paper currency from this era simply did not outlast the political chaos that followed.

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