1 Fen Sinkiang Provincial Bank

The Sinkiang Provincial Bank operated in China's far northwest under shifting political authority during one of the most turbulent transitions in twentieth-century Chinese history. By 1949–1950, the People's Liberation Army had moved into Xinjiang, and existing provincial institutions were briefly permitted to continue issuing notes while the new monetary framework was being imposed. This 1 Fen exists precisely in that liminal window — issued under a name that was already becoming obsolete as the People's Bank absorbed regional currency functions across the country.

Low-denomination fractional notes from this period were consumed by everyday transaction and rarely survived in quantity.