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500 Yuan Bank of Shansi, Chahar, & Hopei
| Issuer | Bank of Shansi, Chahar & Hopei |
|---|---|
| Year | 1946 |
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| Value | Log in to see details |
| Currency | Yuan (1946-1949) |
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|---|---|
| Obverse lettering | 晉察冀邊區銀行 伍佰圓 中華民國三十五年 500 |
| Reverse description | Printed in violet-brown. The reverse is dominated by a large central guilloche medallion bearing the numeral 500, flanked on each side by ornate floral rosette vignettes and repeated denomination numerals. The English bank title BANK OF SHANSI CHAHAR & HOPEI runs across the top, with the English legend FIVE HUNDRED YUAN and the date 1946 displayed in a panel at the bottom centre. |
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| Comments |
The Bank of Shansi, Chahar & Hopei was a Communist-controlled regional bank established in 1938 to serve the Jin-Cha-Ji Border Region — one of the first significant liberated-area financial institutions of the Civil War and wartime resistance periods. By 1946, when this 500 Yuan was issued, the border region economy was under severe inflationary pressure as Nationalist-Communist hostilities resumed in earnest following the Japanese surrender. High-denomination notes like this one were a direct response to that inflation, not a sign of monetary confidence.
The bank's issues from this period are frequently encountered with heavy rural handling — thin spots along fold lines are common in the series. Printing was done regionally under wartime conditions, and registration inconsistencies appear across surviving examples.