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1 Dollar The Futien Bank

Issuer The New Futien Bank (Yunnan Fu Tien New Bank)
Year 18 (1929)
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Currency Yuan (1908-1949)
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Obverse description Dark blue intaglio-printed note with an ornate guilloche border; the central vignette shows a jade rooster and a golden horse rearing atop two terrestrial globes set within an arched cartouche. Large Chinese characters 壹圓 appear in scalloped guilloche medallions at left and right, with the bank title in Chinese across the top and the date 民國十八年 at the foot.
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Reverse lettering THE NEW FUTIEN BANK
PROMISES TO PAY THE BEARER ON DEMAND
No. No.
K045718 K045718
ONE
MANAGER
ONE DOLLAR
AMERICAN BANK NOTE COMPANY.
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Comments

The Futien Bank was a Yunnan provincial institution operating under the financial apparatus of Long Yun's warlord government, which controlled the province with considerable autonomy from Nanjing throughout the late Republican period. The "New" Futien Bank reorganized an earlier predecessor in 1929, and this dollar note — issued in the same year as the reorganization — represents the earliest emissions of the reconstituted institution.

ABNC's involvement was commercially motivated rather than diplomatic; Yunnan's de facto independence made direct contracting with American security printers entirely feasible, bypassing central government channels entirely.

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