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50 Yuan Bank of Chinan

Issuer Bank of Chinan
Year 1942
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Currency Yuan (1935-1946)
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Obverse description Brown-violet letterpress print in vertical format. A steam passenger train vignette occupies the upper centre of the note, framed within decorative borders. Denomination numerals and issuing bank inscriptions appear within the surrounding panels.
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Reverse description Blue-grey letterpress print in vertical format. The central panel carries a large numeral '50' set within an intricate guilloche underprint, flanked by decorative scrollwork and floral corner ornaments. The legends 'BANK OF CHINAN', 'FIFTY YUAN', and the date '1942' are inscribed within ornamental cartouches, with denomination numerals '50' repeated in each corner.
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Comments

The Bank of Chinan (齊南銀行) was a Japanese-sponsored regional institution established to facilitate currency control in occupied Shandong province. Notes like this 1942 issue circulated alongside — and were explicitly designed to displace — the legal tender of both the Nationalist government and the older provincial banks, part of a deliberate monetary destabilization strategy across occupied northern China.

The S-prefix in the Pick reference places this firmly in the specialized Japanese occupation issues, a category where survival rates vary enormously depending on how quickly Allied forces moved through a given area after 1945. Shandong saw protracted transition, and redemption of occupation currency was chaotic.

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