Catalog
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| Issuer | Bank of Pei Hai |
|---|---|
| Year | 1947 |
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| Value | Log in to see details |
| Currency | Yuan (1946-1949) |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | 北海銀行 伍百圓 山東 中華民國三十六年印 |
| Reverse description | Printed in brown, the reverse is dominated by a large central guilloche oval enclosing the bold numeral 500, surrounded by intricate lathe-work patterns and geometric borders. The four corners each bear the numeral 500 within ornamental frames, and the year 1947 is inscribed at the base of the central vignette. |
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| Comments |
The Bank of Pei Hai was a Communist-administered regional bank operating in the Shandong-Bohai border region, and its notes circulated in territory actively contested during the Chinese Civil War. By 1947 the Communists were consolidating financial administration across their northern base areas, and Pei Hai notes functioned as working currency in liberated zones — not symbolic instruments, but tools of real economic control in areas where Nationalist currency was actively suppressed.
The S-prefix in the Pick reference places this squarely among the specialized Chinese regional issues, a category notorious for attribution difficulties given overlapping print runs and inconsistent surviving documentation from wartime presses.