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| 正面描述 | Printed in black, the note centres on a landscape vignette of a farmer hoeing terraced fields, framed by elaborate foliate and scrollwork borders. The bank name 北海銀行 appears at the top, flanked by the denomination 貳百圓 repeated on either side within ornate panels. Red chop seals appear in the lower corners, with the regional designation 山東 at lower right and serial numbers printed in red at upper left and upper right. |
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| 正面铭文 | 登录 以查看详情 |
| 背面描述 | Printed in blue, the reverse is dominated by a large central guilloche medallion enclosing the numeral 200 in bold figures, surrounded by intricate lathe-work underprint patterns. The English inscription BANK OF PAI HAI runs along the top border, with the denomination 200 repeated in each corner. The regional name SHAN DUNG and the year 1944 appear at the base of the central vignette. |
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The Bank of Pei Hai (北海銀行) was the financial arm of the Shandong-Jiangsu border region administration, one of several Communist-controlled base areas that issued their own currencies during the Second Sino-Japanese War. These regional bank notes were instruments of economic warfare as much as monetary tools — designed to displace Japanese puppet currency and Nationalist-issued notes within contested territory.
By 1944 the Pei Hai base area was under sustained military pressure, and the rapid inflation of that period drove denominations upward fast. The 200 Yuan value reflects that trajectory.