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Help On China Banknote ID Pre-1939?

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New Member

United States
5 Posts
 Posted 06/05/2012  11:00 am Show Profile   Bookmark this topic Add Thell to your friends list Get a Link to this Message Number of Subscribers
Hello, I'm a total noob at identifying currency and am attempting to find info on the following:



Help-On-China-Banknote-ID-Pre-1939?

Help-On-China-Banknote-ID-Pre-1939?

I have two of these, a green '1' and red '5'. From what I've found I'm guessing these are mid-late 1930's local issue 'Fen' notes, but I haven't been able to match up the images to anything online so far and I had gone through the China section of the Krause catalog, but a post I found on here said local issues wouldn't be in there...

Hopefully someone can help out.

Sincerely,
Thell
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amida17's Avatar
United States
4897 Posts
 Posted 06/05/2012  11:11 am  Show Profile   Bookmark this reply Add amida17 to your friends list Get a Link to this Reply
to CCF!

I wonder if they are "Joss paper" "Hell Notes"?

Others here will know more than I be patient and you will get some assistance soon...
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macmercury's Avatar
United States
5825 Posts
 Posted 06/05/2012  1:23 pm  Show Profile   Bookmark this reply Add macmercury to your friends list Get a Link to this Reply
I think is a local promissory type of coupon or note from Taiwan. Dated year 1929 on the front, five fen on reverse. The person that collects up to one hundred fen can redeem for a legal 1 yuan coin.
New Member
United States
5 Posts
 Posted 06/05/2012  5:00 pm  Show Profile   Bookmark this reply Add Thell to your friends list Get a Link to this Reply
Thanks for the quick responses. I did a bunch more searching through images and still haven't gotten any closer. Surely this and its' smaller 1 Fen version are listed somewhere. I'll see what I can find using this new info, though I'm not quite sure what search terms would be best. I'm betting that as soon as I know the right term to look for I'll find it isn't all that rare or special in any sense of the word. :)

Would something like this even be able to be found in a catalog?
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wd1040's Avatar
United States
3098 Posts
 Posted 06/05/2012  5:28 pm  Show Profile   Bookmark this reply Add wd1040 to your friends list Get a Link to this Reply
Yup - it's from Dahuang Village. Not sure if there were many of these local issuances in Taiwan, but otherwise, macmercury is completely correct.
Valued Member
manymore's Avatar
United States
347 Posts
 Posted 06/07/2012  12:35 am  Show Profile   Bookmark this reply Add manymore to your friends list Get a Link to this Reply
The Japanese invasion and occupation of China during World War II caused severe disruption to the economy.

One result was a critical shortage of small denomination coins. Merchants turned to using needles, matchsticks, stamps, etc. to try to make change for customers making purchases.

Not surprisingly, customers were not happy accumulating needles and matchsticks.

Merchants then began to issue "vouchers" which could substitute for money but which only circulated in a very limited geographical area.

This "note" is one such voucher with a value of 5 fen. A hundred fen of these vouchers could supposedly be exchanged for one yuan of "legal tender" if you could find someone willing to make the transaction.

This voucher was not issued in Taiwan. It was issued in Dahuanggu Village. Dahuanggu Village was a subdivision established in 1935 as part of present-day Pinghu which is a city located just outside of Shanghai.

Also, the voucher is not dated 1929. It was issued in "the 29th year of the Republic of China" which would be the year 1940.

I think you will find it difficult, and perhaps even impossible, to find much information on these types of locally-issued vouchers. According to this Chinese article, during the period 1939-1942 merchants in the Shanghai area alone issued more than 20,000 types of vouchers.

Gary
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macmercury's Avatar
United States
5825 Posts
 Posted 06/07/2012  01:14 am  Show Profile   Bookmark this reply Add macmercury to your friends list Get a Link to this Reply
Excellent manymore,

I vaguely remember watching a old black and white movie when I was but a child that people was trading matchsticks...? I didn't know what they were doing, but now that you mentioned.

Thanks for the insight.
New Member
United States
5 Posts
 Posted 06/07/2012  11:18 am  Show Profile   Bookmark this reply Add Thell to your friends list Get a Link to this Reply
Excellent info manymore!

Last night I had come to the same conclusion regarding the 29th year based on info from banknote.ws and this, your(?), wonderful page on Chinese Paper Money. ( Which, FYI, is being copied to this cultural china site with an assertion of 'All Rights Reserved' )

Amazing how much strife the people of those regions have gone through. During my research last night I was reading Jiangxi--Fujian Soviet - economics on wikipedia and thinking about how dangerous it was being a 'professional' (in today's sense of the word) banker. Who would have ever thought...

Thanks again, I'll see if I can find out anything else.

---

So now the question is, what should be done next in trying to assign a value?
New Member
United States
5 Posts
 Posted 06/07/2012  11:35 am  Show Profile   Bookmark this reply Add Thell to your friends list Get a Link to this Reply
Right in line with what you stated, but some more detail and history...

http://www.thecurrencycollector.com...cy_Money.pdf
New Member
United States
5 Posts
 Posted 06/07/2012  12:17 pm  Show Profile   Bookmark this reply Add Thell to your friends list Get a Link to this Reply
Here's the image of the '1 Fen' version, note that this one differs in that it has a 'stamp', though I can't sem to get a good image of it...



Help-On-China-Banknote-ID-Pre-1939?

Help-On-China-Banknote-ID-Pre-1939?

Help-On-China-Banknote-ID-Pre-1939?
New Member
Germany
12 Posts
 Posted 05/03/2016  2:05 pm  Show Profile   Bookmark this reply Add chinnotes to your friends list Get a Link to this Reply
This note is listed in my (privately issued) 12 vol.catalog "A Provisional Checklist of Chinese Emergency Notes 1912-1949", issued Sept.2014, under DA-0450.
Erwin
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