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200 Yuan Farmer's Bank of Chung-Chou

Issuer Farmer's Bank of Chung-Chou (中州農民銀行)
Year 1948
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Shape Rectangular
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Obverse lettering 中州農民銀行 貳佰圓 200 〈AB〉
Reverse description The reverse is printed in tan and ochre tones with a large bold numeral 200 at centre, flanked by two circular guilloche rosette medallions each bearing the Chinese character inscription 貳佰圓. The English legend THE FARMERS CHUNG-CHOB appears across the upper portion within a rectangular panel, with TWO HUNDRED YUAN inscribed along the lower centre. The overall design is framed by a fine geometric guilloche border.
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The Farmer's Bank of Chung-Chou was a regional bank operating under Nationalist auspices in Henan province, and by 1948 the currency it issued was racing against hyperinflation so severe that high-denomination notes became obsolete within weeks of printing. A 200 Yuan face value, substantial at the time of design, would have been reduced to negligible purchasing power almost immediately upon release — the Nationalist monetary system was collapsing faster than printing schedules could accommodate.

Henan changed hands repeatedly during the civil war's final phase, and many Chung-Chou notes never completed normal circulation cycles before the province fell to Communist forces in late 1948.

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