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100 Yuan Farmer's Bank of Chung-Chou, blue-grey
| Issuer | Farmer's Bank of Chung-Chou |
|---|---|
| Year | 1948 |
| Type | Standard circulation banknote |
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|---|---|
| Obverse lettering | 中州農民銀行 壹佰圓 中華民國三十七年 |
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| Reverse lettering | THE FARMERS BANK OF CHUNG-CHOU ONE HUNDRED YUAN 100 佰圓 |
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| Comments |
The Farmer's Bank of Chung-Chou was a provincial institution operating in Henan, one of the hardest-hit regions during the hyperinflationary collapse of Nationalist China's currency system in the late 1940s. By 1948, denominations that would have been unthinkable a few years earlier were routine emergency issues — this 100 Yuan note entered circulation at a moment when purchasing power was evaporating fast enough that high-denomination notes became obsolete within weeks of printing.
The S-prefix in the Pick reference places it among Chinese "special" regional issues, distinct from central government paper.