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10 Yuan
| Issuer | Changsha Bank |
|---|---|
| Year | 1928 |
| Type | Local banknote |
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|---|---|
| Obverse lettering | 長沙銀行 拾圓 憑票印國幣拾圓付 中華民國十七年甲子 |
| Reverse description | The reverse is printed in red-brown with an intricate guilloche pattern throughout, centred on a large numeral '10' within an elaborate lathe-work medallion flanked by two circular rosette panels each bearing the numeral '10'. The top margin carries the English bank title 'CHANGSHA BANK' with the promise text 'PROMISES TO PAY THE BEARER ON DEMAND AT ITS OFFICE HERE.' A lower cartouche reads 'TEN YUAN / NATIONAL CURRENCY' above the geographical designation 'HUNAN', with the date 'JANUARY 1ST, 1928' and the printer's imprint 'AMERICAN BANK NOTE COMPANY' at the foot. |
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| Comments |
The Changsha Bank was a provincial institution operating out of Hunan, and by 1928 the political situation in China made foreign-printed notes a practical necessity — domestic printing infrastructure was fragmented and untrustworthy. The American Bank Note Company had been supplying Chinese provincial and republican issuers for decades, and this note is part of that long commercial relationship.
Hunan province changed hands repeatedly during the Northern Expedition of 1926–28, and notes from Changsha Bank saw circulation under genuinely unstable conditions. Surviving examples that show heavy use are the honest ones.