I Picked this up because... well i like dragons and thought the note was neat. After researching i found an image in a spink auction catalog but it didn't give a year or anything. Can someone help i.d. this and maybe put a value on it if there is any?
It's a ten cent note issued by the Federal Reserve Bank of China (zhong guo lian he zhun bei yin hang) in 1938 (27th year of the Republic of China). The Federal Reserve Bank of China was the financial agency of the Japanese puppet regime in northeast China at the time. Sorry but I do not have any information of its value. Gary
Manymore has it identified correctly. The Federal Reserve Bank of China was one of the puppet banks set up by the Japanese during the 1930s as part of their occupation of parts of China. This is one of the scarcer notes from the bank. Chinese notes have done well lately. I sold one in similar condition on Ebay about a year ago for $60.00.
lettow: Maybe the answer is obvious and I'm overlooking it, but would you happen to know why these notes show a "1" instead of the numberal '10' (or .10¢) yet the denomination of "ten cents" is spelled out on the reverse?
I'm not lettow, of course, but I can propose an explanation. The denomination of this note in Chinese is "one jiao" (壹角). The jiao (角) is a fractional unit of money used in China to denote that it is one-tenth of a yuan. The yuan (圓) is often translated as "dollar". In English, a jiao would be "ten cents" but on this note it might be easier to understand it as "one dime (jiao)". Just my 2 fen (cents) ... Gary
