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10 Yuan / Dollars Bank of China

Issuer Bank of China
Year 1918
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Reference(s) P#53
Obverse description Central vignette of the Dacheng Hall of the Confucius Temple in Qufu, Shandong, framed by an ornate intaglio-engraved border with guilloche work and large Chinese characters for denomination at left and right. The bank title 行銀國中 appears across the top, with serial numbers flanking the vignette. Two manuscript signatures appear at the bottom, identified as Governor and Manager respectively.
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Reverse description Intricate guilloche underprint in red covers the entire field, with two large oval medallions at centre left and right each bearing the numeral 10, flanking a central panel inscribed TEN DOLLARS LOCAL CURRENCY. The legend BANK OF CHINA runs along the top border, with FUKIEN and SEPTEMBER 1918 printed below the central panel, and serial numbers at lower left and right.
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Comments

The Bank of China's 1918 note series was printed by ABNC under contracts that covered multiple denominations simultaneously, with individual notes designated for specific branch cities — Peking, Tientsin, Shanghai, and others — by overprint or underprint rather than separate plate designs. This Pick 53 belongs to that framework, where the same printed sheet could serve entirely different issuing offices depending on what was stamped onto it before dispatch.

The Bank of China itself had only been reorganized in 1912 from the old Qing-era Ta-Ching Government Bank, and by 1918 was still navigating the fractured monetary environment of early Republican China, where provincial warlords and competing institutions routinely undermined convertibility.

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