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2 Jiao / 20 Cents Bank of China
| Issuer | Bank of China |
|---|---|
| Year | 1918 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Log in to see details |
| Size | 136 x 72 mm |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | 行銀國中 貳角 國幣輔助貳角幣通即國 (Translation: Bank of China Two Jiao; National Currency Subsidiary Coins Two Jiao Immediately Negotiable) |
| Reverse description | Log in to see details |
| Reverse lettering | BANK OF CHINA КИТАЙСКIЙ БАНКЪ PROMISE TO PAY THE BEARER ON DEMAND AT ITS OFFICE HERE TWENTY CENTS NATIONAL CURRENCY SUBSIDIARY COINS SHANGHAI ХАРБИН 20 20 20 20 |
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| Comments |
The Bank of China's 1918 small-denomination issues were part of a broader push to consolidate the national banking system following the reorganization of the Ta-Ching Government Bank into the Bank of China in 1912. American Bank Note Company had a long relationship with Chinese banking institutions by this point, and the quality of their intaglio work on these fractional notes was markedly superior to contemporaneous domestic printing — a deliberate choice, as public confidence in paper money was still fragile after the currency chaos of the late Qing period.
Pick 49 is among the scarcer ABNC-printed Bank of China fractionals from this period, with genuinely circulated examples harder to locate than their face value would suggest.