10 cents 1934

Common. The eBay sold price evidence ($29.99 for a PMG 40 grade note) indicates modest collector demand and active market availability. While Kwangtung Provincial Bank notes are not abundant, this denomination and issue show no evidence of scarcity. The catalog listing and regular secondary market activity support a common classification despite the note's age and provincial origin.

Issued during the tumultuous 1934 period in Guangdong Province, this banknote represents the provincial monetary authority's attempt to maintain financial independence during the fragmented Republican era. The depicted pagoda and traditional landscape elements reflect cultural pride and regional identity, while the bilingual English and Chinese text demonstrates the international commercial context of the era. The Kwangtung Provincial Bank operated as a semi-autonomous financial institution reflecting Guangdong's significant economic importance to Republican China.

The obverse features a classical East Asian landscape composition centered on a traditional multi-tiered pagoda structure set within a waterfront scene with trees and natural elements reflected in water. The design is framed by intricate ornamental corner cartouches with cloud-scroll patterns typical of traditional Chinese decorative vocabulary. The reverse presents a more austere design with the promise-to-pay clause in English bilingual format, centered serial number A9386249, and denomination text in both numerical (10) and spelled-out (TEN CENTS) formats within a scalloped cartouche frame. Both sides employ fine parallel line work and geometric mesh patterns as security elements.

Front Side: '粵東省銀行' (Kwangtung Provincial Bank) / '壹圓' (One Yuan) / '中華民國之寶' (Treasure of the Republic of China) / Decorative characters. Back Side: 'THE KWANGTUNG PROVINCIAL BANK' / 'PROMISES TO PAY THE BEARER ON DEMAND' / '10' and 'TEN CENTS' / '1934' / Serial number: A9386249 / '各銀行各銀行' (Banking institutions)

Intaglio engraving (recess printing) as evidenced by the fine line work, intricate geometric patterns, and precise detail work visible in both the landscape vignette and decorative border elements. The multi-colored printing in red/pink and tan/cream tones suggests sequential color registration typical of early 20th-century security printing practices. No specific printer attribution is confirmed for Pick S2431a, though such provincial Chinese notes were often produced by internationally respected security printers or regional printing establishments.

This example is identified as Pick S2431a with serial number A9386249. The 'a' designation in the Pick catalog number may indicate a specific variety within the 1934 10 cents issue. No evidence of overprints, signature varieties, or other distinguishing characteristics beyond the standard issue design is apparent from the visual analysis. The serial number prefix 'A' may indicate an early printing sequence, though dating precise printing runs for this provincial issue is not definitively established.