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50 Yuan Bank of Kuantung
| Issuer | Bank of Kuantung (關東銀行) |
|---|---|
| Year | 1948 |
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| Value | 50 Yuan |
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| Obverse description | Central vignette of a mountain lake framed by ornate red guilloche scrollwork and floral cartouches. The bank name 關東銀行 is inscribed at the top in Chinese characters, with the denomination 伍拾圓 repeated in vertical panels on either side. A red banner at the bottom reads 中華民國拾年印, and the serial number appears twice in the upper field. |
|---|---|
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| Reverse lettering | 50 1948 |
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| Comments |
The Bank of Kuantung (關東銀行) operated in the Kwantung Leased Territory under Soviet-influenced administration following Japan's 1945 surrender, filling the monetary vacuum left by the collapse of Japanese puppet currency systems in Manchuria and the Liaodong Peninsula. By 1948 the institution was issuing notes in denominations that reflected severe inflationary pressure across the northeast — the 50 Yuan note sits near the top of a series designed to handle transactions that would have required stacks of lower notes just years earlier.
P#S3448 is scarce. The Bank of Kuantung's total note output was limited, its operational window brief, and the political transition to the People's Republic in 1949 ended the issuer's existence entirely.