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50 Yuan Bank of Pei Hai
| Issuer | Bank of Pei Hai |
|---|---|
| Year | 1945 |
| Type | Log in to see details |
| Value | 50 Yuan |
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| Composition | Log in to see details |
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| Obverse description | Printed in blue on white paper. A large central vignette occupies the left portion of the note, showing a hillside village amid mountains and trees in a landscape style. To the right, the denomination 伍拾圓 (Fifty Yuan) appears within a decorative cartouche, with the provincial designation 山東 (Shandong) at the lower right. Two red seal stamps appear below the denomination cartouche, and serial number prefixes appear at upper left and upper right. The bank name 北海銀行 and the Chinese Republic date inscription 中華民國三十四年印 run along the top and bottom borders respectively. |
|---|---|
| Obverse lettering | Log in to see details |
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| Reverse lettering | YWENTYFIFTYYUAN 1945 |
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| Comments |
The Bank of Pei Hai (北海银行) was a Communist Party financial institution operating in the Shandong-based Bohai region during the civil conflict against both Japanese forces and Nationalist troops. Notes from this bank circulated in liberated base areas — zones under CCP control where Nationalist currency was actively suppressed and replaced with regional issue paper. The 1945 date places this squarely in the final year of Japanese occupation, when the base area banking network was expanding rapidly to fund military and administrative operations.
Pick S3587B denotes a variant within the series, though the specific differentiating characteristic — whether paper stock, serial format, or block letter — is not always consistently documented across major references.