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500 Yuan Bank of Shansi, Chahar, & Hopei
| Issuer | Bank of Shansi, Chahar & Hopei |
|---|---|
| Year | 1946 |
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| Shape | Rectangular |
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|---|---|
| Obverse lettering | 晉察冀邊區銀行 伍百圓 中華民國三十五年 |
| Reverse description | Printed in brown on pale paper. The design is composed entirely of intricate guilloche lacework arranged symmetrically around a large central medallion bearing the numeral "500" and the date "1946", flanked by crossed torches. The English inscriptions BANK OF SHANSI, CHAHAR & HOPEI and FIVE HUNDRED YUAN arc around the central motif, with the denomination numeral 500 repeated in bold figures at left and right within ornamental cartouches. |
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| Comments |
The Bank of Shansi, Chahar & Hopei — commonly abbreviated SCH Bank — was a Communist-controlled regional bank established in the Jin-Cha-Ji border region during the war against Japan. By 1946, with full-scale civil war resuming between the CCP and the Kuomintang, the bank was issuing high-denomination notes to manage the financial demands of a wartime economy operating largely outside any formal national monetary framework.
High-denomination SCH Bank notes from this period are frequently found with heavy fold wear and ink transfer — predictable given the volume and speed of military-zone circulation. The 500 Yuan figure itself reflects the inflationary pressure that made smaller notes functionally useless within months of printing.