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2000 Yuan Bank of Pei Hai
| Issuer | Bank of Pei Hai (北海銀行) |
|---|---|
| Year | 1948 |
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| Composition | Log in to see details |
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| Reference(s) | P#S3623M |
| Obverse description | Green letterpress print on plain paper. The left portion carries a circular guilloche rosette enclosing the denomination inscription 貳仟圓 (2000 Yuan), while the right portion bears a vignette of an industrial factory complex with smokestacks. The bank title 北海銀行 appears across the top centre, with the date inscription 中華民國三十七年 along the lower margin flanked by two red official seals. |
|---|---|
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| Reverse lettering | 2000 1948 |
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| Comments |
The Bank of Pei Hai was a Communist-controlled regional bank operating in the Shandong-Bohai base area, and its notes circulated in territory that changed hands repeatedly during the final years of the Chinese Civil War. By 1948, the People's Bank of China was already being organized, and Pei Hai notes were among the regional currencies absorbed and demonetized when the renminbi was introduced — most were exchanged and pulped, which accounts for the relative scarcity of surviving high-denomination examples.
The "M" suffix on the Pick reference typically denotes a specimen or a distinct variety; collectors should verify whether this example carries specimen perforations or overprint.