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200 Yuan Bank of Pei Hai
| Issuer | Bank of Pei Hai |
|---|---|
| Year | 1944 |
| Type | Log in to see details |
| Value | 200 Yuan |
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| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | 北海銀行 貳百圓 山東 中華民國三十二年 |
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| Reverse lettering | BANK OF BAI HAI SHANDUNG 1944 200 |
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| Comments |
The Bank of Pei Hai was the financial instrument of the Shandong-Jiangsu border region government, operating under Communist Party authority during the second Sino-Japanese War. Its notes circulated in contested rural territory where Japanese military scrip, Nationalist currency, and regional Communist issues all competed simultaneously — acceptance depended entirely on which armed force controlled a given village on a given week.
By 1944 the bank had been issuing notes for several years with rudimentary printing resources, and production quality across the series varies considerably as a result. P#S3573 sits in a denomination large enough to have seen meaningful transactional use rather than purely symbolic issue.