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Banknote Book & CPG® PRICE GUIDE

Catalog & market information for bank notes issued by Provincial Army of Shantung

The Provincial Army of Shantung (PAS) issued notes in 1926 under the authority the Chang Chung-Chang, Finance Minister of Shandong Province, in order to finance the Shandong-Zhili Army fighting the Northern Expedition led by the Kuomintang.

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10 cents
(B14001a, PS3931)

 
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20 cents
(B14002a, PS3932)

 
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50 cents
(B14003a, PS3933)

 
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1 yuan
(B14004a, PNL)

 
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5 yuan
(B14005a, PS3935)

 
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10 yuan
(B14006a, PNL)

 
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10 cents
(B14007a, PS3936)

 
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20 cents
(B14008a, PS3937)

 
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50 cents
(B14009a, PS3938)

 
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1 yuan
(B14010a, PS3939)

 
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5 yuan
(B14011a, PS3940)

 
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10 yuan
(B14012a, PS3941)

 
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10 yuan
(B14012ap, PS3941)

 
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