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2 Yuan Farmer's Bank of Chung-Chou
| Issuer | Farmer's Bank of Chung-Chou (中州農民銀行) |
|---|---|
| Year | 1948 |
| Type | Standard circulation banknote |
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|---|---|
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| Reverse description | Orange-brown note with a central oval medallion enclosing the numeral 2 and the inscription TWO YUAN, surrounded by an elaborate guilloche pattern of interlocking floral and geometric ornaments. The legend THE FARMERS BANK OF CHUNG-CNOU is set across the top, with the numeral 2 repeated in each corner, and the date 1948 incorporated into the lower border. Two manuscript signatures appear below the central vignette. |
| Reverse lettering | THE FARMERS BANK OF CHUNG-CNOU TWO YUAN 2 1948 |
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| Comments |
The Farmer's Bank of Chung-Chou was a regional bank operating in Henan Province under Nationalist-controlled territory. By 1948, the Nationalist monetary system was in freefall — hyperinflation had made central government currency nearly worthless, and regional institutions were issuing their own notes partly to maintain any practical transaction medium at the local level. This note belongs to that desperate final phase, when the Communist forces were consolidating control of the north China plain and Henan was shifting hands.
The series is scarce in any condition, almost certainly a consequence of short circulation windows before the issuing authority collapsed entirely.