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2 Jiao / 20 Cents Bank of China

Issuer Bank of China
Year 1914
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Value 2 Jiao (0.2)
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Obverse lettering 券元銀小行銀國中 貳 角
(Translation: Bank of China Small Silver Money Note Two Jiao)
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Reverse lettering BANK OF CHINA
20 CENTS
DECEMBER 1ST, 1914
MANCHURIA
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Comments

The Bank of China was reorganized from the Da-Qing Bank in 1912, just months after the Qing dynasty collapsed, and the 1914 fractional issues were among its earliest attempts to establish a functioning paper currency infrastructure for the new Republic. Small-denomination notes like this one were notoriously prone to being refused or heavily discounted in provincial markets, where local banks and foreign concession banks commanded far greater public trust.

The P#36 is known with regional overprints for specific branches, and provenance tracking those variants is considerably more complex than for the main series.

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