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10 Yuan Farmer's Bank of Northwest China

Issuer Farmer's Bank of Northwest China
Year 1945
Type Local banknote
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Reverse description Printed in green in vertical format. The numeral '10' appears in a large central cartouche set within a dense guilloche underprint of interlocking geometric basketweave pattern. Denomination numerals repeated in each corner, with the date '1945' inscribed in a small panel at lower centre, all enclosed within a serrated decorative border.
Reverse lettering 1845
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Comments

The Farmer's Bank of Northwest China was one of several regional institutions operating under Nationalist (Kuomintang) authority during the final years of the Second Sino-Japanese War. By 1945, hyperinflationary pressure was already destroying confidence in Chongqing-backed paper currency throughout the northwest, and notes like this one often depreciated faster than they could be transported to the point of issue.

The Pick listing covers two signature varieties — S3299A and S3299B — distinguished by the authorizing signatories rather than any change in plate design or printing specification. Both circulated in the same region under identical conditions.

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