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500 Yuan Bank of Pei Hai
| Issuer | Bank of Pei Hai (北海银行) |
|---|---|
| Year | 1947 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Yuan (1946-1949) |
| Composition | Log in to see details |
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| Designer(s) | Log in to see details |
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| Obverse description | Printed in blue. A landscape vignette at centre-left depicts a rural scene with trees and hills, with a road or path visible in the foreground. The bank title 北海銀行 appears across the top within a decorative frame, the denomination 伍百圓 is inscribed in a guilloche cartouche at right, and the regional designation 山東 appears on both lateral margins. |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Printed in brown. The centre of the note is occupied by a large numeral '500' set within concentric guilloche bands and an ornate lathe-work border. The year '1947' appears in small text below the central numeral, and the denomination '500' is repeated in the four corners of the decorative frame. |
| Reverse lettering | Log in to see details |
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| Comments |
The Bank of Pei Hai was a Communist-controlled regional bank operating in the Shandong-Bohai base area, and by 1947 it was issuing notes in increasingly large denominations to cope with wartime inflation grinding through the civil war against the Nationalists. The 500 Yuan denomination sits at the upper end of the Pei Hai wartime series — a sign of just how badly purchasing power had eroded in the liberated zones by that point.
Printing quality across this series is notoriously inconsistent, with paper stocks and ink sources varying between regional print runs. Condition issues tied to poor paper quality are endemic rather than exceptional here.