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5 Cents Kwangtung Provincial Bank

发行方 Kwangtung Provincial Bank
年份 1949
类型 Local banknote
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正面描述 Purple intaglio print on green guilloche underprint. Portrait of Sun Yat-sen positioned to the left. Red plate letters and official seals applied over the face design.
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背面描述 Unprinted reverse with a light tan paper tone; faint show-through of the obverse design elements and red seals is visible through the thin paper stock.
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备注

Kwangtung Provincial Bank issued this fractional note in 1949 as the Nationalist financial system was collapsing under hyperinflation — the People's Liberation Army took Guangzhou in October of that year, ending the bank's operations entirely. Notes of this series had almost no functional lifespan, issued into a currency environment where public confidence had already evaporated.

The extreme small denomination in cents, at a moment when millions of yuan could not buy a meal, tells you everything about the monetary disorder of those final months.

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