Amoy Industrial Bank - Need Information

An update on this topic:

I was trying to find more information on these notes earlier today and on the bank itself and suddenly realised something which I've managed to confirm (more or less) via an on-line Chinese source.

I dont know why but bizarrely as it seems now, having owned these notes for years, and studying them on and off; I've only just realised what's missing. Oddly I was examining the 1935 De La Rue, and ABNCo, printed notes of the Farmers Bank of China recently and suddenly realised what was 'wrong' with them first: they lack the usual square red seals on the front of the note (and the notes were clearly designed to accomodate them).

Likewise, on the more common Amoy notes which carry the serial numbers on the reverse, a single red governors seal is missing from the front. This seal is visible on the earlier version of the notes which have the front serial number (as shown in an earlier post above), and on all of the 1 and 5 cent notes. The point anyway is that these notes which lack the seal are assumedly incomplete remainders, which is confirmed by the survival of some circulated examples of this version which do carry the seal.

The "note" with the bird is not a banknote, but a gift coupon.
Already in 2001 I wrote an article in "Occasional Papers on Chinese Banknotes": THE INDUSTRIAL BANK OF AMPOY, ANOTHER JAPANESE PUPPET BANK. In this article I wrote about the history and identified the buildings of the notes. These are:
1 Fen: a pavilion in the Zhongshan Public Garden. The pavilion was built in 1932 and no longer exists.
5 Fen: same picture
1 Jiao: South Entrance (gate) of the Zhongshan Public garden. This gate still exists.
2 Jiao: "Sun Yatsen Memorial Monument in the Zhongshan Public Garden. This monument no longer exists.
5 Jiao: Nantaotianwan Hall. This hall still exists.

The bank opened on Feb.26, 1942. Chairman of the board was Yin Xuepu. He soon resigned and Lee Sixian succeeded him. General manager of the bank was Wu Ruikun, while Zhou Zhaochun became vice-manager.

Erwin

@wonghinghi: if you send me your postal address to
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I can send you a copy of the paper version.
Erwin

Sorry, only a perper version exists.
Erwin

Hi Chinnotes, I am keen to get a copy of the article you wrote about the puppet banks.

How do I get in touch with you?

The one and five cents have no serial number.

There are two types of 10 cents notes but both have serial number.

All notes (1c ti 50c) are smooth by hand feeling except the one type of 10c.

I don't here anything thing about these fake notes as I am not a serious note collector.

I no longer purchase Krause books. In my Specialized Edition from 1990s Amoy Industrial Bank is not listed at all. So my reference has become Banknote.ws. For some reason Banknote.ws website has changed S1659 to S1658 and added S1657A as 20 Cents. Does anyone know why?

http://www.banknote.ws/COLLECTION/c...20INDUSTRIAL

These notes seems so fresh cut and have two different serial number placement variants (front and back) that I suspect these could be modern?
Why is Krause listing them at such exorbitantly high values? Story from the 90s: Krause book values high for notes that "supporting" dealers want to sell and low when "supporting" dealers want to buy them. Smells a bit of a corruption. I would not trust Krause Publications.

Here is an aswer that was posted on the IBNS board yesterday.


Slotting in A helps avoid disturbing the previous sequential numbers.In Smith Matravers 1971 the original list did not have the 25 ct or indeed the 5 ct. Also it recorded reported 1918 notes perhaps implying there were two banks with the same name 20 years apart.
Further to this the notes came into the market only 3 or 4 years ago in a large quantity, all unused unc suggesting a stock had been dispersed. The entries in the Specialised catalogue do not show the S/M equivalents. Naturally. All of this generated uncertainty for the Specialised team. I tend not to be suspicious about the unused notes because the 1971 book has one 10 ct illustrated and it also was unused.