Catalog
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| Issuer | Bank of Chinan |
|---|---|
| Year | 1948 |
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| Shape | Rectangular |
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| Obverse description | Green and yellow print on a lightly patterned ground. A circular guilloche rosette occupies the left field, while a vignette of a steam locomotive crossing a bridge fills the right portion. Chinese characters reading 貳仟圓 (Two Thousand Yuan) appear in large form at centre, with the bank name 冀南銀行 inscribed across the top and the date 中華民國三十七年 at the bottom margin; two red seal impressions are visible below the central inscription. |
|---|---|
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| Reverse description | Printed in golden-brown with an intricate overall guilloche design. The English bank name BANK OF CHINAN is inscribed in a panel at the top, with the denomination numeral 2000 repeated in circular guilloche cartouches at left and right. A central panel carries the English legend TWO THOUSAND YUAN, and the value 2000 is repeated in the lower corners and side margins. |
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| Comments |
The Bank of Chinan (Qilu Bank in some transliterations) was a Communist Party-controlled regional bank operating in the Shandong-based Jiaodong liberated area. By 1948, the People's Liberation Army was consolidating financial administration across its northern territories, and regional banks like this one were being wound down in preparation for the unified Renminbi system launched by the People's Bank of China in December of that year. Notes issued this late in the bank's existence had extremely short active lives.
High-denomination issues from Communist regional banks of this period are routinely undervalued by collectors unfamiliar with the political geography — "Chinan" referring to the Ji'nan region, not a single city bank of obvious name recognition.