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10 Yuan Bank of Chinan

Issuer Bank of Chinan
Year 1939
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Value 10 Yuan
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Obverse description Dark green on pink underprint. Central vignette shows a steam passenger train at centre within an arched frame, set against a landscape with tracks and open terrain. Serial number in red appears twice across the upper field, with Chinese characters for the denomination and bank name flanking the central design; two red seal stamps are visible at lower centre, and the inscription 中華民國二十八印 appears along the bottom margin.
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Signature(s) S.T. Chang and O.K. Pai
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Comments

The Bank of Chinan (Jinan) was a regional institution operating under Japanese occupation authorities in Shandong Province following the fall of Jinan in 1937. Notes issued in 1939 circulated alongside — and in direct competition with — the older Chinese Nationalist currency the Japanese were systematically working to displace, a process that involved both flooding occupied territories with new paper and suppressing the old.

The Pick S3070 designation places this in the "S" — Special Issues — sequence, reflecting its status as a regional occupation-era emission rather than a central bank issue. Surviving examples frequently show heavy handling wear, consistent with active use in a wartime commercial environment where paper currency changed hands rapidly and was often reluctantly accepted.

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