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50 Cents Kiangsu Farmers Bank 1936
| Issuer | The Kiangsu Farmers Bank |
|---|---|
| Year | 1936 |
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| Currency | Yuan (1912-1949) |
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| Obverse description | Brown-toned note with an ornate guilloche border and floral corner medallions each bearing the denomination in Chinese characters. A central circular vignette presents a detailed intaglio view of a traditional Chinese pagoda and temple complex set among trees. Below the vignette, a rectangular panel carries the bank name in Chinese (江蘇省農民銀行) flanked by scroll work, with the large denomination characters 伍角 set within an elaborate lobed guilloche cartouche in the lower half. A red serial number appears at the top centre, and a multi-column Chinese text clause at the foot states the exchange ratio. |
|---|---|
| Obverse lettering | 伍角 江蘇 江蘇省農民銀行 積成拾角兌取壹圓國幣 |
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The Kiangsu Farmers Bank was one of several provincial agricultural banks that emerged in Republican China during the 1930s, operating under Nationalist government policy to extend rural credit and stabilize agricultural communities chronically underserved by urban commercial banks. These institutions occupied an uneasy middle tier — nominally provincial, but subject to increasing central oversight from Nanjing as Chiang Kai-shek consolidated financial authority throughout the decade.
Small-denomination fractional notes like this one circulated heavily in rural market towns where silver coinage had become scarce or was being hoarded. By 1937, the Japanese advance into Jiangsu effectively ended the bank's normal operations.