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5 Chiao Kiangsi Provincial Bank

Issuer Kiangsi Provincial Bank
Year 1949
Type Local banknote
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Reverse description The reverse is printed entirely in red on an unadorned paper ground, dominated by a central guilloche rosette enclosing the large numeral 50, flanked by the words FIFTY and CENTS in separate rectangular panels. The bank title THE KIANGSI PROVINCIAL BANK is set in two lines at the top within a fine guilloche frame, with the numeral 50 repeated in each of the four corners. The year 1949 appears in a cartouche at the base, below which the printer's imprint 江西合群印刷廠製 is set in a single line.
Reverse lettering THE KIANGSI PROVINCIAL BANK FIFTY CENTS 50 1949 江西合群印刷廠製
(Translation: Made by Jiangxi Hequn Printing Factory.)
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Comments

Kiangsi Provincial Bank issued a flood of fractional notes in the final months before the People's Liberation Army swept through Jiangxi in May 1949. The Hequn factory — a local commercial printer pressed into currency work — was one of several provincial facilities producing notes as the Nationalist financial infrastructure collapsed and central supply lines became unreliable. Quality varies sharply across surviving examples, a direct consequence of wartime material shortages rather than age-related deterioration.

The series had an effective circulation life of weeks.

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