Catalog
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| Issuer | Kwangtung Provincial Bank |
|---|---|
| Year | 1931 |
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| Size | 140 × 85 mm |
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|---|---|
| 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) |
| Reverse description | Printed entirely in orange on cream paper, with a central vignette of the Kwangtung Provincial Bank building in full frontal elevation set within a fine guilloche border frame. The bank title THE KWANGTUNG PROVINCIAL BANK runs along the top scroll, followed by the promise text in a secondary band below, and FIVE DOLLARS LOCAL CURRENCY 1931 in bold lettering at lower center. The printer's imprint AMERICAN BANK NOTE COMPANY. appears at the foot of the note. |
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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.