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1 Yuan Bank of Eastern Chekiang, green
| Issuer | Bank of Eastern Chekiang |
|---|---|
| Year | 1945 |
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| Value | 1 Yuan = 7.2 Mace (0.72) |
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|---|---|
| Obverse lettering | 浙東銀行 壹圓 浙東地方幣位 中華民國三十四年 |
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| Reverse lettering | THE BANK OF EASTERN CHEKIANG 1945 |
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| Comments |
The Bank of Eastern Chekiang (Zhedong Yinhang) was a regional bank operating under the control of the Communist New Fourth Army in the Zhejiang liberated zones during the final years of the Second Sino-Japanese War. Notes issued in 1945 served as occupation currency in areas contested between Japanese forces, Nationalist troops, and Communist guerrilla administration — the political situation on the ground shifting faster than any issuing authority could track.
Provincial Communist-issued notes from this period were frequently withdrawn and demonetized as territorial control changed hands, which accounts for the relative scarcity of surviving circulated examples across the entire S3058 series.