2 Yuan Bank of Chinan

The Bank of Chinan was a Japanese-sponsored institution established in 1938 to serve the occupied territories of Shandong province, part of a broader Japanese strategy of creating puppet banking structures across occupied China to displace Nationalist and existing regional currency. These notes circulated alongside — and were intended to supplant — the existing fabi currency issued by the Central Bank of China.

Pick S3068 is a provincial occupation issue, and surviving examples in any grade above heavily circulated are genuinely uncommon. The wartime paper stock used across this series is notoriously fragile and prone to brittleness along folds.