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100 Yuan The Kwangtung Provincial Bank
| Issuer | The Kwangtung Provincial Bank |
|---|---|
| Year | 1949 |
| Type | Standard circulation banknote |
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| Obverse description | Intaglio-printed in red on a light guilloche underprint, with an oval portrait vignette of Dr. Sun Yat-sen at left. The bank title in Chinese characters (廣東省銀行) is inscribed at upper right, flanking the central denomination panel reading 壹佰圓 with 大洋票 on either side; the date 中華民國三十八年 runs along the lower margin, accompanied by two red seal impressions. |
|---|---|
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| Reverse description | An engraved central vignette renders a traditional Chinese multi-tiered pavilion, identified as the Sun Yat-sen Memorial Hall in Canton, set amid trees against a clouded sky. Ornate guilloche rosettes at left and right each bear the numeral "100" and the legend "ONE HUNDRED YUAN", while the bank title "THE KWANGTUNG PROVINCIAL BANK" spans the upper border. A decorative panel at the lower margin carries the date "1949" and "ONE HUNDRED YUAN", flanked by two manuscript signatures above the printer's imprint "CHUNG HWA BOOK CO. LTD." |
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| Comments |
The Kwangtung Provincial Bank's 1949 issues came at the worst possible moment for any issuer — the Nationalist government was in freefall, hyperinflation had already destroyed public confidence in paper currency, and the People's Liberation Army was moving south. This note was printed in Shanghai by Chung Hwa Book Co. for circulation in Guangdong, a logistical arrangement that would soon become impossible as Communist forces took Shanghai in May 1949.
Guangdong itself fell in October. Notes from this series almost certainly saw negligible circulation before becoming worthless, which paradoxically makes survivors more common in higher grades than the denomination's brief window of validity might suggest.