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5 Yuan Kwangtung Provincial Bank

Issuer Kwangtung Provincial Bank
Year 1931
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Value 5 Yuan
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Obverse description Green intaglio print over a multicolor guilloche underprint, with the bank title 廣東省銀行 in Chinese characters across the top and the denomination 伍圓 set within an elaborate floral guilloche medallion at center. An oval portrait vignette of Dr. Sun Yat-sen in a Western-style jacket, rendered in fine line engraving, occupies the right field. Vertical panels along both lateral margins carry the inscription 銀毫券, with redemption text and the date 中華民國二十年 completing the face design.
Obverse lettering 廣東省銀行 銀毫券 伍圓 憑券兌換銀毫 中華民國二十年 美國鈔票公司
(Translation: Kwangtung Provincial Bank Silver Cent Note 5 Yuan (5 Dollars) Redeem Silver Cent with this note 20th years of the Republic of China American Bank Note Company)
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Comments

The Kwangtung Provincial Bank was established in 1924 under the Nationalist government's effort to consolidate regional financial authority in Guangdong province, one of the most commercially active and internationally exposed regions in China. American Bank Note Company's involvement was typical for serious Chinese provincial issuers of the period — ABNC held contracts across a dozen Chinese banks simultaneously through the late 1920s and early 1930s, and their New York plant produced notes that circulated thousands of miles away in markets where counterfeiting of locally printed issues was endemic.

By 1931, the bank was operating under increasing pressure from the Central Bank of China's push toward currency unification, a process that would eventually render most provincial notes redundant by the mid-1930s fabi reforms.

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