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100 Yuan
| Issuer | Mengchiang Bank |
|---|---|
| Year | 1938 |
| Type | Standard circulation banknote |
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| Obverse description | Printed in purple on a pale underprint, the obverse carries a vignette of a traditional Chinese open pavilion at left and a Bactrian camel at right, flanking a central guilloche rosette over which the large Chinese characters for one hundred yuan are superimposed. The bank title 蒙疆銀行 is inscribed in a decorative panel at the top centre, with denomination numerals "100" in cartouches at upper left and upper right. Two red seal impressions appear below the central guilloche, and the denomination "100 YUAN" is lettered in a panel along the lower border. |
|---|---|
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| Reverse lettering | 100 YUAN |
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| Comments |
The Mengchiang Bank was established in 1937 under Japanese military administration to serve Inner Mongolia — a puppet financial structure designed to detach the region's economy from Nationalist Chinese currency systems and funnel resources toward Japanese war objectives. This 100 Yuan note belongs to the bank's earliest emission series, issued the year after the institution itself was created.
The denomination is conspicuously large for 1938 purchasing power in the region, reflecting deliberate inflationary policy rather than organic monetary demand. Mengchiang Bank notes were not freely convertible and circulated under compulsion within occupied territories.