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100 Yuan Bank of Bai Hai

Issuer Bank of Bai Hai (北海銀行)
Year 1946
Type Local banknote
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Reverse description Red letterpress print on plain paper. A large central guilloche medallion carries the numeral "100" within an ornate lozenge-shaped frame, surrounded by intricate lathe-work border patterns. The bank name "BANK OF BAI HAI" is printed across the top, with the denomination "100" repeated in all four corners and the year "1946" at the foot.
Reverse lettering 100 - 100 BANK OF BAI HAI 100 1946 100 - 100
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Comments

The Bank of Bai Hai (北海銀行) was the financial institution of the Shandong-Jiangsu-Liaoning Border Region government, operating under Communist Party control during the final years of the civil war against the Nationalists. Currency issued by the border region banks during this period circulated under conditions of active military conflict — notes passed through liberated zones where the Communists held administrative authority but where front lines shifted constantly.

After 1948, Bai Hai notes were absorbed into the new People's Bank of China system and withdrawn from circulation. Surviving examples tend to show heavy use.

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