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2 Jiao / 20 Cents Bank of China
| Issuer | Bank of China |
|---|---|
| Year | 1940 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Yuan (1912-1948) |
| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | 中國銀行 貳角 (Translation: Bank of China Two Jiao) |
| Reverse description | Log in to see details |
| Reverse lettering | BANK OF CHINA TWENTY CENTS 20 GENERAL MANAGER |
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| Comments |
The Bank of China's 1940 small-denomination notes were issued during one of the most chaotic periods in Chinese monetary history — the wartime Nationalist government was simultaneously fighting Japan and managing catastrophic inflation pressures that would eventually consume the entire fiat currency system by 1949. The 2 Jiao sat at the fractional end of a currency that was already depreciating rapidly, which meant these notes turned over fast, wore out faster, and were rarely preserved.
P#83 is among the more elusive entries in the Bank of China wartime series. High attrition rates in circulation, combined with wartime paper quality, make survivors in any meaningful grade uncommon.