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1000 Yuan Bank of Shansi, Chahar, & Hopei
| Issuer | Bank of Shansi, Chahar & Hopei |
|---|---|
| Year | 1947 |
| Type | Local banknote |
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| Obverse description | Brown intaglio print on light blue and ochre underprint. Central vignette shows a classical gazebo perched on a rocky promontory above water, with figures in a boat at lower left. Chinese inscriptions reading '壹仟圓' (One Thousand Yuan) appear at left and right, with the bank name '晉察冀邊區銀行' across the top; date inscription '中華民國三十六年' runs along the lower border. |
|---|---|
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| Reverse description | Brown letterpress print on plain paper. A large guilloche-framed numeral '1000' occupies the centre, flanked by the English bank name 'Bank of Shansi Chahar & Hopei' in an arc above, and the denomination legend 'ONE THOUSAND YUAN' below; the year '1947' is printed at the foot. Chinese characters '千' and '壹' appear at the outer left and right margins respectively, set within decorative scroll borders. |
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| Comments |
The Bank of Shansi, Chahar & Hopei was a communist-controlled regional bank, established to serve the Jin-Cha-Ji Border Region — one of the key base areas held by the Eighth Route Army during the civil war period. By 1947, with the People's Liberation Army pressing hard across North China, these high-denomination notes were being pushed out rapidly to manage military logistics and procurement costs in territory that was changing hands with some frequency.
Inflation in communist-held zones was severe enough by this point that a 1000-yuan note carried genuinely limited purchasing power. The bank was absorbed into the People's Bank of China when it was established in December 1948.