Catalog
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| Issuer | Bank of China |
|---|---|
| Year | 1918 |
| Type | Standard circulation banknote |
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| Obverse description | Green-tinted note with a central oval vignette at left portraying a landscaped view of a temple or official building set among trees, rendered in fine intaglio line work. The denomination 伍圓 (Five Yuan) appears in large Chinese characters at centre, flanked by elaborate guilloche rosettes in blue and green underprint. The issuer name 中國銀行 (Bank of China) is printed at top in Chinese characters, with the place name 上海 (Shanghai) repeated in vertical panels at both left and right margins; serial number panels appear in red at upper left and upper right. |
|---|---|
| Obverse lettering | 中國銀行 伍圓 伍 上海 (Translation: Bank of China / Five Yuan / Five / Shanghai) |
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| Comments |
The Bank of China 1918 series was issued during a period when the bank was still recalibrating after the 1916 moratorium crisis, during which numerous Chinese banks had suspended convertibility under government pressure. The American Bank Note Company's involvement was typical of the era's practice among Chinese financial institutions of sourcing security printing abroad, partly to signal credibility to foreign merchants and treaty-port depositors who trusted Western-printed paper over domestic production.
Pick 52B denotes a specific place-of-payment overprint variant — the base note exists across multiple branches, distinguished primarily by the overprinted issuing location rather than any change to the underlying plate.