1938 China (Puppet Bank) - pJ47a - 10 Fen

1938 China (Puppet Bank) - pJ47a - 10 Fen

This well-preserved 1938 Chinese banknote from the Federal Reserve Bank of China, a Japanese puppet bank established during the Second Sino-Japanese War, features a red-brown design over a pink underprint. The front side showcases the Tower of the Summer Palace at the right.

Key Information

• Pick Number: pJ47a
• Year: 1938
• Condition: Uncirculated
• Design: Tower of the Summer Palace

Historical Context

This note was issued by a puppet government set up by the Japanese in occupied China. These banks, like the Federal Reserve Bank of China, were used to control the local economy, consolidate Japanese power, and finance their war efforts. Notes from these banks circulated alongside the currency of the Nationalist and Communist governments, adding a layer of complexity to the monetary system of the era.

This note is a tangible piece of wartime history, representing a unique and complex chapter in China's past. It's a must-have for collectors interested in the political and economic turmoil of the Second Sino-Japanese War. Expand your collection with this fascinating piece of history!