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Bank of Guandong Currency & Banknote Values

Banknote Book® Price Guide

The Greysheet Catalog (GSID) of the Bank of Guandong series of China Communist Banks in the World Currency contains 5 distinct entries with CPG® values between $20.00 and $400.00.

The Bank of Guandong (BGD) was established in Dalian on 20 April 1947 as the successor organization to the Bank of Dalian (not known to have issued banknotes), itself founded on 1 July 1946. The Bank of Guandong was run directly by the Guandong government, with Chen Jisheng as bank governor and Li Zhanchun as deputy. Shortly after its establishment, the Bank of Guandong carried out a regional currency reform after consulting with the Soviet army, which had occupied Dalian since the end of World War II, and the fall of Manchukuo, on 8 August 1945. From 23 to 27 May 1947, the Bank of Guandong issued revalidated Soviet Red Army Headquarters notes (B5805, B5806) circualting there by affixing adhesive revalidation stamps.

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