1 Yuan Hunan-Hupeh-Kiangsi Soviet

The Hunan-Hupeh-Kiangsi Soviet was one of several regional Soviet governments operating under the broader Chinese Soviet Republic structure in the early 1930s, controlling territory across three provinces in central China before Nationalist encirclement campaigns forced the Communists into the Long March beginning in 1934. Coinage from these border region soviets was issued to establish economic independence from Kuomintang-controlled currency and to pay local troops and suppliers.

Surviving examples are scarce in any grade. The minting infrastructure available to guerrilla administrations in rural Jiangxi and Hunan was rudimentary, and much of this silver was likely melted or confiscated following Nationalist military victories in the region by 1934–35.