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50 Yuan Bank of Chinan

Issuer Bank of Chinan
Year 1945
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Shape Rectangular
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Reverse description Blue-black print with dense guilloche coverage across the entire field. At left centre, a circular vignette presents a traditional Chinese temple complex set amid trees and water, enclosed within a fine-line oval border. To the right, the numeral '50' appears in large ornate script within a lobed guilloche cartouche. The denomination '50' is also repeated in each corner within smaller floral medallions. The bank title BANK OF CHINAN is lettered at the top, and FIFTY YUAN and the date 1945 appear along the lower margin.
Reverse lettering BANK OF CHINAN
FIFTY YUAN
1945
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The Bank of Chinan (Jinan Bank) was a Communist-controlled regional bank operating in the Shandong-Jiangsu border region during the final years of the Second Sino-Japanese War. Its notes circulated in liberated zone territories administered by the New Fourth Army and other CCP forces — areas where Nationalist currency was actively suppressed and Japanese military yen were being phased out simultaneously.

The P#S-NL designation signals this note has not been formally catalogued in the Pick Supplement, which is itself informative. Many Chinan Bank issues from this period exist in single-digit quantities in Western collections, having spent decades in Chinese institutional holdings before appearing at auction.

1945 production was interrupted by rapid territorial shifts in the months surrounding Japan's surrender.

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