Catalog
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| Issuer | Bank of Shansi, Chahar & Hopei |
|---|---|
| Year | 1944 |
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| Currency | Yuan (1935-1946) |
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|---|---|
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| Reverse description | Olive-gold print with a central oval guilloche vignette containing a standing ox. The bank name BANK OF SHANSI CHAHAE & HOPEI arches at top, with denomination numerals 500 at left and right, and the legend FIVE HUNDRED YUAN 1944 at foot. Two manuscript signatures appear across the lower centre. |
| Reverse lettering | BANK OF SHANSI CHAHAE & HOPEI FIVE HUNDRED YUAN 1944 500 |
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| Comments |
The Bank of Shansi, Chahar & Hopei — known in Chinese as 晋察冀银行 (Jìn-Chá-Jì Yínháng) — was the official currency authority of the Jin-Cha-Ji Border Region, one of the main Communist-controlled base areas behind Japanese lines in North China. Notes issued here were wartime instruments, printed under difficult conditions in mobile or semi-clandestine facilities as the border region was under constant military pressure. By 1944, the border region's economy was managing both anti-Japanese resistance and internal inflation simultaneously.
High-denomination issues like this 500 Yuan piece reflect the inflationary pressure bearing down on border region currencies in the later war years.