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10 Yuan Farmer's Bank of Chung-Chou, back proof

Issuer Farmer's Bank of Chung-Chou
Year 1948
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Value 10 Yuan
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Reverse description Blue intaglio print on plain paper stock. A dense guilloche border of interlocking wave and foliate patterns frames the entire field, with numeral '10' repeated at the left and right margins. The central vignette is enclosed within a rectangular panel bearing the denomination inscription '拾圓' in large Chinese characters, with the issuer's name '中州民農銀行' reading right to left along the upper register and the date '1948' below the central panel. Red manuscript cancellation marks are applied diagonally across the face of the proof.
Reverse lettering 10 - 10 行銀民農州中 圓拾 1948 10 - 10
(Translation: Farmer's Bank of Chung-Chou 10 Yuan)
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The Farmer's Bank of Chung-Chou was a provincial institution operating in Henan, one of several regional banks that continued issuing currency in the final chaotic years before the People's Republic absorbed or dissolved them. By 1948 the Nationalist monetary system was collapsing under hyperinflation — the Gold Yuan reform of that August would make most existing provincial notes obsolete almost immediately after issue.

This back proof survives because printers retained proof pulls for approval records. That archival origin is why back proofs from this period, rarely glamorous, often outlasted the notes actually put into circulation.

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