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| 正面描述 | Brown letterpress print on plain paper. Central vignette shows a rural threshing scene with figures working in a field landscape. The bank title 北海銀行 (Bank of Pei Hai) is inscribed across the top, with the denomination 貳百圓 (200 Yuan) repeated at left and right; serial number and prefix letter appear at upper left and upper right respectively, flanked by ornamental corner devices and the regional inscription 山東 (Shandong). |
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| 正面铭文 | 登录 以查看详情 |
| 背面描述 | 登录 以查看详情 |
| 背面铭文 | BANK OF BAI HAI 200 |
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| 防伪类型 | 登录 以查看详情 |
| 防伪描述 | 登录 以查看详情 |
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The Bank of Pei Hai was a Communist-controlled regional bank operating in the Shandong-Bohai border region, and its notes circulated in territory that changed hands repeatedly during the civil war against the Nationalists. By 1947, the Communists were consolidating their financial administration across liberated zones, and Pei Hai notes served as a functional currency in areas where Nationalist fabi had been actively discredited or demonetized by local military authority.
Surviving examples frequently show heavy use — these notes circulated hard in rural wartime economies with little chance of early retirement. Condition attrition is significant across the entire Pei Hai series.