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20 Cents Kwangtung Provincial Bank
| Issuer | Kwangtung Provincial Bank |
|---|---|
| Year | 1935 |
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| Currency | Yuan (1900-1949) |
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| Obverse description | Portrait of Dr. Sun Yat-sen at right, rendered in intaglio, with Chinese text arranged in vertical columns reading from right to left across the face. Guilloche underprint frames the design, with the denomination and bank name inscribed in Chinese characters. |
|---|---|
| Obverse lettering | 行銀省東廣 券毫銀 毫貳 毫銀換兌券憑 年四十二國民華中 司公票鈔國美 (Translation: Kwangtung Provincial Bank Silver cent note 20 Cents Voucher exchangeable for silver cents Year 24 of the Republic of China American Bank Note Company) |
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| Comments |
The Kwangtung Provincial Bank operated under the Guangdong provincial government, which through much of the early 1930s maintained a degree of financial autonomy from the Nationalist central government in Nanjing — an autonomy that made institutions like this one politically as well as economically significant. By 1935, that independence was narrowing fast, and the provincial bank's days as a genuinely autonomous issuer were numbered.
ABNC's involvement was typical of Chinese provincial banking in this period — domestic printing capacity for secure currency was limited, and American Bank Note held contracts across multiple competing Chinese authorities simultaneously.