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100 Yuan Farmer's Bank of China
| Issuer | The Farmers Bank of China |
|---|---|
| Year | 1942 |
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| Value | Log in to see details |
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| Composition | Log in to see details |
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| Printer | Chung Hua Book Company |
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| Engraver(s) | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | 中國農民銀行 壹百圓 中華民國三十一年 中圖書太公司 |
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| Reverse lettering | THE FARMERS BANK OF CHINA ONE HUNDRED YUAN 1942 100 ASST. GENERAL MANAGER GENERAL MANAGER |
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| Comments |
The Farmers Bank of China was established in 1933 as a state-backed agricultural lender, nominally distinct from the Central Bank but increasingly absorbed into Nationalist war finance after 1937. By 1942, with the Kuomintang government trapped in Chongqing and inflation accelerating sharply, all four government banks — Central, Bank of China, Bank of Communications, and Farmers — were printing notes well beyond any meaningful agricultural credit function.
Chung Hua Book Company, based in Shanghai, had extensive printing operations but worked under severely disrupted conditions during the wartime period, with output shifted to interior facilities. The 1942 high-denomination issues are associated with the inflationary spiral that would make notes of this type near-worthless within a few years of issue.