[Collection Name]: Bank of China One Yuan Coin

[Collection Year]: 1918

[Collection Size]: 8.2 cm in length, 14.9 cm in width

This collection is an old collection of Hai'an Museum, made of paper currency. The overall appearance is intact, with slight stains on the surface. The four corners of the front of the banknote are printed in regular script, and the four characters "Bank of China" on the top are in clerical script. The bottom is printed in regular script, with the words "pay on receipt for one yuan of the Chinese currency in the seventh year of the Republic of China" and other characters. There is a Temple of Heaven pattern in the middle, and the words "one yuan" are printed on both sides. At the same time, the name of Shanghai and the banknote number are also printed on the banknote. The back of the banknote is printed with an English version decoration. The overall layout is complex but not chaotic, and the color is steady. Its design shows a solemn.

During the Republic of China period, the main banks were Bank of China, China Communications Bank, Central Bank, and China Farmers' Bank. The Bank of China, established on the basis of the Great Qing Bank in 1912, kept its name and continued to operate when the CPC took over the bank in view of its commercial shares during the liberation of Pingjin. Bank of China played a pivotal role in the financial industry during the Republic of China era. Its development process left a glorious page in modern Chinese financial history and is a microcosm of the changes and developments in the financial history of old China.

The first edition of Bank of China banknotes was issued after the portrait of Li Hongzhang from the Qing Dynasty Bank was stamped with Bank of China exchange notes and a place name. Later, the American Banknote Company printed banknotes featuring the Yellow Emperor statue of the Bank of China. In the early stages, there were various types of coins, including national currency coupons, exchange coupons, small silver yuan coupons, copper yuan coupons, etc., all of which were stamped with place names. The one yuan coin collection displayed this time belongs to this period. On November 4, 1935, the Republic of China implemented the fiat currency policy, which included paper currency issued by the central government and the Bank of Communications.