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100 Yuan Bank of Chinan

Issuer Bank of Chinan
Year 1945
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Value 100 Yuan
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Obverse lettering 冀南銀行 壹百圓 中华民国三十四年
Reverse description Blue-grey letterpress print on a dense guilloche underprint. The English inscription BANK OF CHINAN arches across the top within a decorative panel, with the numeral 100 repeated in each corner. ONE HUNDRED YUAN is printed in bold block lettering at centre, and the year 1945 appears at the bottom, flanked by two manuscript signatures in red ink.
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Comments

The Bank of Chinan was a communist-controlled regional bank operating in the Shandong-Jiangsu border region during the final years of the Second Sino-Japanese War. Its notes circulated in territory contested between Japanese occupation forces, the Nationalist government, and Communist Party administration — a zone where currency confidence was enforced more by political control than economic backing.

By 1945, the bank was issuing high-denomination notes to cope with wartime inflation that had eroded smaller values almost entirely. The S-prefix in the Pick reference reflects its classification as a regional or quasi-governmental issue rather than a central bank emission.

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