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50 Cents Shantung Min Sheng Bank

Issuer Shantung Min Sheng Bank
Year 1940
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Composition Paper
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Reverse description Intricate guilloche lacework fills the entire field in dark green, with three oval medallions arranged horizontally, each bearing the numeral 50 within an elaborate floral surround. The central medallion carries the legend FIFTY CENTS in uppercase letterpress. The denomination 50 CENTS appears additionally in two flanking oval panels. The issuer's name THE SHANTUNG MIN SHENG BANK is set in a straight banner across the top, and the date 1940 appears in a small ornamental frame at the bottom centre.
Reverse lettering THE SHANTUNG MIN SHENG BANK
FIFTY CENTS
50 CENTS
1940
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Comments

The Shantung Min Sheng Bank was one of several provincial banks established under Japanese occupation authorities in northern China during the Second Sino-Japanese War. These institutions were instruments of economic administration in occupied territory, issuing local currency to manage commerce and displace pre-war Republican-era notes — a deliberate policy of monetary displacement rather than organic banking development.

Pick S2740 sits in a series that remains poorly documented in Western numismatic literature, with survivor populations difficult to assess given wartime destruction and the disruption of 1949. Attribution of printer and exact issuing circumstances for this denomination has not been conclusively established in standard references.

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