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5 Chiao / 50 Cents Bank of Central China
| Issuer | Bank of Central China |
|---|---|
| Year | 1945 |
| Type | Log in to see details |
| Value | 5 Chiao (1/2) |
| Currency | Log in to see details |
| Composition | Log in to see details |
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| Obverse description | The obverse is dominated by a central vignette set within an octagonal guilloche frame, portraying villagers engaged in agricultural labour on both flanks. The bank title 華中銀行 is inscribed in Chinese characters along the upper border, while the denomination 伍角 appears centrally within the frame, and the Republican calendar date 中民國三十四年 runs along the lower margin. |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Log in to see details |
| Reverse lettering | THE BANK OF CENTRAL CHINA FIFTY CENTS 50 |
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| Comments |
The Bank of Central China was a Communist Party–controlled institution established in the Shaanxi-Hebei-Shandong-Henan Border Region during the latter phase of the Second Sino-Japanese War. Notes like this one were issued specifically to fund military and administrative operations in territory held by the Eighth Route Army and associated forces — essentially parallel currency running alongside both Nationalist and Japanese puppet money in contested zones.
Circulation was geographically bounded by military lines, and many issues were demonetized rapidly as the political situation shifted after 1945. Border region notes of this type are frequently found with foxing and fold damage from field use, which is expected rather than exceptional for the series.