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2 Chiao 5 Fen / 25 Cents Bank of Chinan

Issuer Bank of Chinan
Year 1939
Type Local banknote
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Obverse lettering 冀南銀行 貳角伍分 中華民國二十八年
Reverse description Purple-grey letterpress print with a dense guilloche border framing the central vignette of a steam passenger locomotive travelling through a mountain cutting. Large numeral '25' appears in the left and right fields; the bank name 'BANK OF CHINAN' is inscribed at top, with 'TWENTY FIVE CENTS' and the year '1939' at bottom. Two facsimile signature inscriptions appear in the lower corners.
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Comments

The Bank of Chinan was a Japanese-sponsored institution established in 1938 to serve the occupied territories of Shandong province, issuing currency designed to displace both Nationalist Chinese notes and the older provincial paper. This 25-cent denomination targets the small-denomination retail market that silver subsidiary coinage had previously served — metal having largely disappeared from circulation once the occupation disrupted normal commerce.

The S-prefix in the Pick reference places this firmly in the specialized category, and the A suffix on S3065 indicates a distinct variety within the issue, likely a signature or overprint distinction rather than a major design change.

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