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| 背面描述 | Olive-green letterpress print on plain paper. The central vignette comprises a large octagonal guilloche panel bearing the numeral '50' in bold script, flanked by two handwritten signatures. The legend 'BANK OF SHANSI CHAHAR & HOPEI' arcs across the top border, with 'FIFTY YUAN' and the date '1943' inscribed along the lower margin, all surrounded by an ornate repeating border. |
| 背面铭文 | BANK OF SHANSI CHAHAR & HOPEI FIFTY YUAN 1943 |
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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.