Farmer's Bond 500,000 Bank of China With PASSCO Certificate of Authentication
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Product Details:
500,000 Farmer Bank of China Bond - "Farmer's Bond" - Chinese Bond With Passco certificate of authenticity
Farmer Bond
Bono Farmer 1933
🇨🇳 Farmer’s Bond – 500,000 Yuan – Bank of China – 1933
Full Title:
Bank of China – 500,000 Yuan Farmer’s Bond (1933)
Issuer:
Bank of China, under the authority of the Republic of China
Date Issued:
1933, during the Nanjing Decade (1927–1937)
Denomination:
500,000 Yuan – exceptionally high face value, often printed in large red characters
Nicknames:
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“Red Farmer’s Bond”
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“1933 Agricultural Development Bond”
🌾 Purpose & Context
This bond was issued to finance agricultural and rural development in the Republic of China. During the early 1930s, China faced:
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Rural poverty
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Land instability
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Food supply crises
The government attempted to mobilize capital via bonds to support land reclamation, irrigation, and modernization of agriculture.
🏦 Issuer Significance
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Bank of China was one of the four major modern banks in China and acted as both a commercial and government bank during this period.
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The bond may bear stamps, seals, or overprints from provincial offices or local banks that distributed the debt.
📜 Bond Features
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Design: Dominantly red ink with classic Chinese motifs, such as dragons, rice fields, or symbolic rural elements
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Language: Primarily Chinese (classical or traditional script), sometimes bilingual if issued for international use
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Serial Number: Individualized, sometimes stamped with provincial or branch issue markings
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Coupons: May have attached coupons for annual or semi-annual interest payments
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Security Features: Watermarked paper, official red ink seals, ornate borders
This is a secure site, we are members of:
- American Numismatic Association
- PMG
