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100 Yuan Bank of Pei Hai
| Issuer | Bank of Pei Hai |
|---|---|
| Year | 1945 |
| Type | Local banknote |
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| Obverse description | Black letterpress print on white paper, with serial numbers repeated twice in red. At left, a landscape vignette portrays a hillside village nestled among mountains with dramatic cloud formations and livestock in the foreground; at right, the denomination 壹百圓 is set within a decorative cartouche beneath the bank title 北海銀行 across the top. Two red seal stamps appear at lower right, with a printer's imprint at lower left. |
|---|---|
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| Reverse description | Printed in deep olive-green, the design is framed by an elaborate guilloche border. A central vignette presents rural buildings with traditional tiled rooftops amid trees, flanked on either side by the numeral 100 in large figures. The denomination legend ONE HUNDRED YUAN and the date 1945 appear in a banner at the bottom centre. |
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| Comments |
The Bank of Pei Hai (北海银行) was a Communist Party financial institution operating in the Shandong-Jiaozhou base area, and its notes circulated in territory actively contested between CCP forces, Nationalist troops, and remnant Japanese occupation units. The 1945 date places this note at the tail end of the Pacific War, when the base area banking system was under considerable pressure to maintain economic stability against deliberate Nationalist currency flooding — a documented tactic used to destabilize Communist-held zones.
The S-prefix Pick reference signals guerrilla or regional issue status. Notes from this bank in this period were typically printed under difficult conditions with limited standardization between print runs, and P#S3591B likely reflects a distinct plate variant within the 100 Yuan series rather than a separate emission entirely.