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100 Yuan Bank of Pei Hai
| Issuer | Bank of Pei Hai (北海银行) |
|---|---|
| Year | 1945 |
| Type | Local banknote |
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| Obverse description | Printed in red. The obverse carries a central guilloche medallion with the denomination 壹百圓 (One Hundred Yuan) in Chinese characters, flanked by a vignette at right showing farmers working in a field. The bank name 北海銀行 (Bank of Pei Hai) is inscribed at top center, with serial numbers appearing at upper left and right, and the regional overprint 膠東 at left. |
|---|---|
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| Reverse description | Printed in red throughout. The central guilloche cartouche bears the large numeral 100 with the inscription GIAODUNG overlaid, surrounded by intricate lathe-work ornamental borders. The denomination numerals 100 appear in each corner, with the bank name romanized as BOXAI INXANG across the top, and the English legend ONE HUNDRED YUAN and the date 1945 along the lower margin. |
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| Comments |
The Bank of Pei Hai was a Communist-controlled regional bank operating in the Shandong-Bohai border area, and its notes functioned as a parallel currency to both Nationalist fiat and Japanese occupation scrip during the final years of the war. The 1945 dating places this issue squarely in the period when the bank was aggressively expanding its note circulation to finance guerrilla operations and consolidate economic control in liberated zones.
The "D" suffix in the Pick reference denotes a distinct variety within the S3594 type — likely a signature, seal, or overprint variant, as was common across Pei Hai issues where local branch authorization created numerous sub-types that remain difficult to attribute precisely.