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100 Yuan Farmer's Bank of Chung-Chou, blue-green

Issuer Farmer's Bank of Chung-Chou
Year 1948
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Value 100 Yuan
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Reverse description Blue-green letterpress print with an elaborate guilloche underprint filling the entire field. The English bank title THE FARMERS BANK OF CHUNG-CHOU is inscribed in a cartouche at top, and ONE HUNDRED YUAN in a central band, with the denomination 佰圓 repeated in decorative medallions at left and right. The date 1948 appears at the foot of the design.
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Variants P#S3240a - blue-green reverse
P#S3240b - color variety
Comments

The Farmer's Bank of Chung-Chou was a provincial institution operating in Henan, and by 1948 it was issuing notes into one of the most chaotic monetary environments in modern Chinese history. Nationalist currency was collapsing under hyperinflation so severe that denominations issued in January were functionally worthless by summer.

The S-prefix Pick designation places this firmly in the specialized provincial and commercial bank listings — outside the main sequence of Central Government issues — which often means thinner surviving documentation and harder-to-source specimens.

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