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2 Chiao Guanghua Shangdian

Issuer Guanghua Store (光华商店)
Year 1938
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Value 2 Chiao (0.2)
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Obverse description The obverse carries a central vignette of a rural village scene set against a mountainous landscape, rendered in fine letterpress lines and enclosed within a decorative scalloped border frame. At the top, Chinese characters read 光华商店代价券, with the denomination 貳角 inscribed below the vignette; the dating inscription 中华民国二十七年 (Republic of China Year 27, i.e. 1938) appears along the lower margin. A handwritten signature is placed at the lower centre.
Obverse lettering 光华商店代价券
貳角
中华民国二十七年
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Comments

Guanghua Store (光华商店) was a commercial enterprise operating in occupied China during the Second Sino-Japanese War, and this 2 Chiao note is one of several small-denomination scrip issues it circulated locally to address the severe coin and small-note shortage that followed Japanese military disruption of normal currency supply. These merchant-issued scrip notes — sometimes called "gudang piao" or shop notes — filled a genuine transactional vacuum in areas where Nationalist, Japanese military, and Federal Reserve Bank currencies competed chaotically for acceptance.

The 1938 date places this squarely in the period of maximum monetary confusion following the fall of Shanghai and Nanjing.

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