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20 Cents Chekiang Provincial Bank

Issuer Chekiang Provincial Bank
Year 25 (1936)
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Value 2 Jiao (0.2)
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Obverse description Blue intaglio-printed note centred on a vignette of a multi-tiered Chinese pagoda amid trees, rendered in fine engraved style. The bank name in Chinese characters (浙江地方銀行) runs across the upper margin, while the denomination 貳角 appears in an ornate guilloche cartouche to the right of the pagoda, echoed by corner denomination panels. The Republican year inscription and redemption legend occupy the lower border, with the serial number printed in red at upper right and lower left.
Obverse lettering 浙江地方銀行
貳角
中華民國二十五年
憑票發兌光幣拾角
A0218140
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Comments

The Chekiang Provincial Bank operated as a regional institution under Nationalist government oversight, and its notes from this period were issued in parallel with central currency at a time when provincial banks still retained meaningful authority to circulate their own paper. The Dah Tung Book Co. in Hong Kong handled a substantial portion of Chinese provincial printing work during the 1930s — a pragmatic arrangement that kept quality printing capacity out of reach of Japanese disruption on the mainland.

Republican Year 25 places this note in 1936, just one year before the full outbreak of the Second Sino-Japanese War, which effectively ended normal circulation for most Chekiang-issued currency within months.

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