Catalog
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| Issuer | Bank of Kiang Nau |
|---|---|
| Year | 1945 |
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| Value | 5 Yuan |
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|---|---|
| Obverse lettering | 江南銀行 伍 伍圓 中華民國三十四年印 |
| Reverse description | The reverse, printed in olive-green, centres on a large guilloche medallion bearing the numeral 5, flanked at left and right by ornate rosette panels each repeating the numeral 5. The English legend BANK OF KIANG NAU runs along the top within a decorative border, while FIVE YUAN and the year 1945 appear along the bottom margin. Two vertical Chinese inscriptions flank the central medallion on either side. |
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| Comments |
The Bank of Kiang Nau was a regional Chinese puppet bank operating under Japanese occupation authority in the Yangtze delta region. By 1945, with the Pacific War in its final months and Japanese military authority collapsing across occupied China, notes issued by these puppet institutions were losing purchasing power rapidly — often outpaced by inflation before they even reached circulation.
Pick S3135B falls within the "S" prefix of the Standard Catalog, designating it as a regional or local Chinese issue rather than a central government emission. Survival rates for these late-occupation puppet notes vary considerably; wartime paper quality was frequently poor, and redemption after liberation was not guaranteed.