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50 Yuan Bank of Shansi, Chahar, & Hopei
| Issuer | Bank of Shansi, Chahar & Hopei |
|---|---|
| Year | 1943 |
| 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 | Brown and grey-violet bicolour print. A rural vignette occupies the left portion of the note, with a plowing scene using an ox at right. The overall layout is framed with decorative borders typical of Chinese regional wartime issues. |
|---|---|
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| Reverse lettering | BANK OF SHANSI CHAHAR & HOPEI FIFTY YUAN 1943 |
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| Comments |
The Bank of Shansi, Chahar & Hopei was a Japanese-sponsored regional bank established to administer currency in the occupied territories of North China. Its notes circulated in an economy deliberately separated from Nationalist-controlled regions — the Japanese military used these instruments to extract resources and suppress competing currencies, including the older provincial issues and Nationalist fabi.
By 1943 the bank was producing high-denomination notes to keep pace with wartime inflation that its own monetary policies had helped create. The S3161 is one of the scarcer issues in this series; survival rates are lower than for the smaller denominations, which circulated more widely and survived in greater numbers simply through volume.