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10 Dollars Chan Tung Cheng Bank

Issuer Chan Tung Cheng Bank
Year 1934
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Size 238 x 161 mm
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Obverse description Vertical format printed in black on pink with intricate floral and geometric guilloche borders; bank name appears in underprint across the centre field. The imprint "LITHO. AT THE HONGKONG PRINTING PRESS" is placed above the serial number at the foot; a handstamped variant bears the bank's Chinese name (澳門陳同昌銀號) within a thick red rectangular border.
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Reverse description Horizontal format printed in red on white; a central photographic vignette of the Chan Tung Cheng Bank building is flanked by two rosette guilloche medallions bearing the numeral "10" and the Chinese character 拾. The bank's name in Chinese (陳同昌銀號) appears on a ribbon cartouche above the vignette, with "門 MACAU 澳" inscribed in a panel below.
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Comments

The Chan Tung Cheng Bank was one of numerous small regional Chinese private banks operating in the 1930s, many of which issued notes backed more by reputation than by formal reserve requirements. The Hongkong Printing Press handled a significant volume of work for these institutions — its involvement here signals a note produced to a commercial rather than a government standard, which was entirely normal for privately chartered banks of this type operating out of or connected to Hong Kong.

The watermark is the only security feature recorded for this issue, a thin line of protection for a denomination that would have represented a meaningful sum in 1934 China.

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