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5 Chiao Southern People's Bank
| Issuer | Southern People's Bank (南方人民银行) |
|---|---|
| Year | 1949 |
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| Currency | Yuan (1949-date) |
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| Obverse description | Central vignette on the left side shows a worker and a farmer standing together, rendered in a socialist realist style against an industrial and agricultural backdrop. To the right, the large Chinese character denomination 伍角 (Five Chiao) appears within a decorative guilloche panel. The bank name 南方人民银行 (Southern People's Bank) is inscribed across the top, with a red serial number prefixed by 'No.' printed in the upper center area, and denomination value indicators 伍角 repeated in the corners. |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | The reverse is printed in green on plain paper, centered on a large oval guilloche vignette enclosing a pastoral landscape scene with trees and figures. The numeral '5' appears in large format at both left and right flanking the central oval, all set within an intricate geometric guilloche border frame. The year '0819' or a print code appears at the base of the central vignette. |
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| Comments |
The Southern People's Bank (南方人民银行) was one of several regional Communist-administered banks operating in southern China during the final push of the Civil War. These institutions issued notes rapidly and often in small quantities to meet immediate military and administrative needs — the 5 Chiao was a fractional denomination suited to local trade at a moment when the Nationalist currency had already collapsed in credibility but People's Bank of China notes had not yet fully penetrated the south.
Regional issues like this were absorbed and demonetized quickly once PRC monetary consolidation began in earnest. Surviving examples are genuinely scarce, not because of careful preservation but because so little was printed to begin with.