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10 Yuan Bank of Pei Hai
| Issuer | Pei Hai Bank (北海银行) |
|---|---|
| Year | 1944 |
| Type | Log in to see details |
| Value | 10 Yuan |
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| Composition | Log in to see details |
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| Obverse description | Printed entirely in red with a fine guilloche underprint throughout, with serial numbers in blue-black ink flanking the bank title 北海銀行 along the upper edge. The central vignette at left depicts a traditional multi-storey Chinese pavilion set among trees and reflected near water, while the denomination characters 拾圓 appear to the right within an ornate scalloped cartouche, with 滨海 (Binhai) inscribed beneath. Two square seal impressions are visible at the lower centre, and corner rosettes each carry the denomination character 拾. |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Log in to see details |
| Reverse lettering | PEIHAI BANK TEN YUAN 1944 |
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| Comments |
The Pei Hai Bank was the Communist Party's regional bank for the Shandong-Bohai base area, operating under direct control of the Eighth Route Army's financial apparatus. Its notes circulated in territory that was actively contested — Japanese-controlled cities, Nationalist zones, and Communist-administered rural districts often abutted one another, and currency acceptance depended entirely on which armed force happened to control a given village that week.
The unlisted Pick status reflects how poorly documented these wartime Communist base-area issues remain in Western reference literature. Many notes from this bank survive only in Chinese institutional collections.