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50 Cents Kiangsu Farmers Bank overprint
| Issuer | Kiangsu Farmers Bank |
|---|---|
| Year | 1933 |
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| Currency | Yuan (1912-1949) |
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| Obverse description | Brown-toned note with a central oval vignette of a multi-tiered pagoda and traditional buildings set within a landscape, framed by intricate guilloche scrollwork. Large Chinese characters 伍角 (Fifty Cents) occupy the lower central field, flanked by decorative rosette underprints. The issuer's name in Chinese — 江蘇省農民銀行 — appears in a horizontal panel across the middle, with serial number in the upper portion. |
|---|---|
| Obverse lettering | 江蘇省農民銀行 伍角 積成 國幣拾角兌圓 U 135394 |
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| Comments |
The Kiangsu Farmers Bank (江蘇農民銀行) was one of several provincial agricultural banks established in the early Republican period to channel credit toward rural borrowers — an ambition that repeatedly collided with warlord politics, flooding, and an agrarian economy that remained deeply resistant to paper instruments. The 1933 date places this note in a period of relative institutional consolidation, but the overprint designation in the Pick reference signals that the underlying printed note predates this issue, with the Kiangsu Farmers Bank's authority applied afterward by stamp or typeset addition.
Overprinted provincial notes of this type are frequently found with misaligned or partially legible overprint text, a known characteristic of the series rather than individual damage.