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200 Yuan Bank of Chinan
| Issuer | Bank of Chinan |
|---|---|
| Year | 1942 |
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| Shape | Rectangular |
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| Obverse description | Blue letterpress print on a cream ground. A rural vignette at left centre shows a farmer working in a landscape with trees and a stone wall. The bank title 冀南銀行 (Bank of Chinan) appears in vertical Chinese characters at upper right, with the denomination 貳百圓 (Two Hundred Yuan) in a decorative lobed cartouche at right. Two red official seals are affixed at lower right, and a red serial number is printed at upper left. Corner numerals repeat the denomination value. |
|---|---|
| Obverse lettering | 冀南銀行 貳百圓 中華民國三十一年 |
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| Comments |
The Bank of Chinan (齊南銀行) was a Japanese-sponsored puppet institution operating in occupied Shandong province. Its notes were instruments of wartime economic extraction — designed to displace legal tender and fund Japanese military operations in North China through controlled inflation rather than direct taxation.
The 200 Yuan denomination is among the higher values in this series, issued as inflation eroded the purchasing power of smaller notes. Pick S3078 is catalogued under the Chinese provincial and commercial section precisely because these puppet bank issues occupy an awkward classification — neither fully military scrip nor conventional commercial paper.
Surviving examples tend to show heavy fold wear; these notes circulated under duress in a wartime occupied zone, not in peacetime commerce.