Catalog
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| Issuer | Bank of Central China |
|---|---|
| Year | 1948 |
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| Currency | Yuan (1946-1949) |
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| Obverse description | Brown letterpress print on plain paper. A tall multi-tiered pagoda occupies the centre of the main vignette, set within a landscaped scene with trees and traditional buildings. The bank name 華中銀行 appears in Chinese characters at the top centre, with the denomination 壹仟圓 displayed in a central cartouche; corner rosettes repeat the denomination, and the date inscription 中華民國三十七年印 runs along the lower margin. |
|---|---|
| Obverse lettering | 華中銀行 壹仟圓 中華民國三十七年印 |
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| Comments |
The Bank of Central China (中州农民银行, later reorganized) operated as a Communist Party financial organ in the Zhongyuan Liberated Area during the final phase of the civil war. By 1948, the regional military situation was moving rapidly in the PLA's favor — the Huaihai Campaign alone would effectively decide the fate of the Nationalist government — and these high-denomination notes were issued into an economy already anticipating transition to the forthcoming People's Bank system.
Regional Communist-issued notes of this period were typically absorbed and demonetized quickly after Liberation, which accounts for their relative scarcity in circulated grades. The Pick S-prefix classification signals its status as a regional rather than central government issue.