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20 Cents Provincial Bank of Chihli
| Issuer | Provincial Bank of Chihli |
|---|---|
| Year | 15 (1926) |
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| In circulation to | Yes |
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| Obverse description | The left portion of the note carries the bank title in Chinese characters (直隸省銀行) at the top, with a red serial number below and a large purple guilloche vignette in the centre bearing the denomination 貳角 in Chinese. A teal-coloured vignette at right, set within an arched frame with ornate guilloche border, presents a scenic view of the Great Wall of China winding across a mountainous landscape. Denomination panels reading 貳角 appear at the upper left and lower left corners, while red overprints indicate the Tientsin branch (天津) and the Republican year of issue at the lower right. |
|---|---|
| Obverse lettering | 直隸省銀行 貳角 天 津 中華民國十五年印 |
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| Comments |
The Provincial Bank of Chihli was a creature of warlord finance. Operating under the authority of the Zhili clique during one of the most fractious periods of the Northern Warlord era, the bank issued notes that circulated almost entirely within the province — their practical reach constrained by the political reality that rival militarists controlled neighboring territories and refused to honor competing paper.
The date "15" refers to the fifteenth year of the Republic of China calendar, equivalent to 1926 — the same year the Northern Expedition launched from Guangzhou and began dismantling exactly the kind of regional power structure this bank depended on for its authority.