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10 Yuan Kwangtung Provincial Bank

Issuer Kwangtung Provincial Bank
Year 1931
Type Local banknote
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Obverse description Red on multicolor guilloche underprint. An oval intaglio portrait vignette of Dr. Sun Yat-sen is positioned at right, framed by intricate lathe-work. At center, a large floral medallion encloses the Chinese denomination characters 拾圓, flanked by two columns of manuscript-style signature inscriptions; the bank title 廣東省銀行 appears across the top in Chinese characters, with the Republican era date 中華民國二十年 along the lower margin.
Obverse lettering 廣東省銀行
拾圓
銀毫券
中華民國二十年
憑券兌換毫銀
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Comments

The Kwangtung Provincial Bank operated under the authority of the Guangdong provincial government, which throughout the late 1920s and early 1930s maintained a degree of financial independence from the Nationalist central government in Nanjing. This note was issued during a period when Guangdong's leadership — under figures including Chen Jitang — pursued separate fiscal and military arrangements, making provincial bank paper politically significant beyond its face value.

ABNC's involvement was common for Chinese provincial issues seeking credibility with foreign merchants and treaty-port banks, for whom a New York imprint carried real weight in lending confidence to otherwise suspect regional currency.

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