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20 Cents
| Issuer | Bank of Hopei |
|---|---|
| Year | 1929 |
| Type | Local banknote |
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|---|---|
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| Reverse description | Green intaglio print with a dense guilloche underprint covering the entire field. The centre carries a rectangular panel bearing the English denomination TWENTY CENTS and the redemption clause in bold letterpress, flanked on each side by the Chinese characters 貳角 in ornate cartouches. The numeral 20 appears in each corner, and the bank name BANK OF HOPEI is set across the top; the date JUNE 1st 1929 is printed along the lower margin. |
| Reverse lettering | BANK OF HOPEI TWENTY CENTS TEN 10 CENTS NOTES TO BE EXCHANGED FOR ONE YUAN NATIONAL CURRENCY 貳角 20 JUNE 1st 1929 |
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| Comments |
The Bank of Hopei was a provincial bank operating under the Nationalist government's increasingly fractured financial system of the late 1920s, when regional institutions still issued their own paper currency with minimal central oversight. The 20-cent denomination served everyday retail transactions in a province where metallic small change was chronically short — fractional notes like this one did real work in local markets.
Printed in Tianjin, which hosted several Chinese printing operations during this period. Hopei provincial notes of this era are frequently found with heavy fold wear, reflecting genuine circulation rather than vault storage.