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20 Cents

Issuer Bank of Local Railway of Shansi & Suiyuan
Year 1934
Type Local banknote
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Obverse description Green note with a central vignette of a steam locomotive pulling passenger carriages to the right, set against a guilloche underprint. The serial number appears twice in the upper portion flanking the central panel. Chinese characters at top read the bank name, with the denomination in large characters at left and right margins. The date inscription at bottom reads Republic of China Year 23 (1934), with red seal impressions visible below the central vignette.
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Reverse lettering BANK OF LOCAL RAILWAY OF SHANSI & SUIYUAN
TWENTY CENTS
TEN 10 CENTS NOTES TO BE EXCHANGED FOR ONE YUAN
20
CENTS
TAIYUAN
JULY 1st 1934
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Comments

The Bank of Local Railway of Shansi & Suiyuan was a provincial railway bank operating under the Yan Xishan administration in Shanxi — one of the more durable warlord fiefdoms of the Republican period. Yan ran Shanxi as a near-autonomous state through the 1930s, maintaining his own currency, industries, and rail infrastructure largely independent of Nanjing. This note was printed locally at Taiyuan, the provincial capital, which was unusual — most provincial Chinese railway notes of the period were farmed out to Shanghai commercial printers.

The fractional 20-cent denomination points to everyday transactional use, likely tied to small fare and freight payments on the narrow-gauge Tongpu line.

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