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500 Yuan Bank of Chinan

Issuer Bank of Chinan
Year 1945
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Shape Rectangular
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Obverse lettering 冀南銀行
伍佰圓
中華民國三十四年印
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Reverse lettering BANK OF CHINAN
FIVE HUNDRED YUAN
1945
500
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The Bank of Chinan (Jinan Bank) was a communist-aligned regional bank operating in the Shandong-Jiangsu border region, established in 1938 under the auspices of the Communist Party's financial apparatus. By 1945, it was issuing high-denomination notes precisely because inflationary pressure from both the Nationalist government's fabi currency and Japanese military yen had eroded purchasing power throughout the region — 500 Yuan was a practical necessity, not an extravagance.

The S3090A and S3090C designations indicate distinct varieties within the same year and denomination, likely differentiated by color, serial block, or minor typographic variation — the Pick Specialized catalog treatment of wartime Chinese regional issues is notoriously imprecise on exactly this point.

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