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200 Yuan Bank of Chinan

Issuer Bank of Chinan
Year 1942
Type Local banknote
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Obverse description Violet-brown letterpress print on plain paper. A rural vignette at left centre portrays a farmer with an ox ploughing a field, set against a landscape backdrop. Chinese characters reading 冀南銀行 (Bank of Chinan) appear at upper right, with the denomination 貳百圓 in a decorative panel to the right, a red serial number prefix and number at upper left, and red official seals at lower right.
Obverse lettering 冀南銀行 貳百圓 中華民國三十一年
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The Bank of Chinan was a puppet institution established under Japanese occupation of northern China, operating under the direction of the Reorganized National Government based in Nanjing. Its notes were issued as occupying currency across Shandong Province, where they circulated alongside — and were intended to displace — Nationalist and Communist-backed scrip. The 1942 date places this note in the middle of sustained inflation driven by Japanese military expenditure and deliberate currency warfare.

The S-prefix in the Pick reference reflects its listing in the Specialized volume rather than the main catalog — a classification that aligns with the broader treatment of Japanese-sponsored regional bank issues as quasi-military rather than orthodox commercial paper.

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