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1 Yuan Northeast Kiangsi Soviet Bank
| Issuer | Northeast Kiangsi Soviet Bank |
|---|---|
| Year | 1932 |
| Type | Log in to see details |
| Value | 1 Yuan = 7.2 Mace (0.72) |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | 贛東北省蘇維埃銀行 壹圓 |
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| Reverse lettering | 壹圓 憑票兌換銀幣壹圓 如有假偽造發現嚴辦 |
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| Comments |
The Northeast Kiangsi Soviet Bank was one of several short-lived financial institutions established by the Chinese Communist Party to serve base areas carved out during the early 1930s. This note predates the Long March by two years — issued at a moment when the Jiangxi Soviet was under sustained Nationalist encirclement campaigns, the so-called "bandit suppression" offensives that Chiang Kai-shek launched in successive waves beginning in 1930.
Soviet-area currency was a deliberate political instrument, designed to displace Nationalist and warlord-issued notes within controlled territory. Survival rate is low; most paper from these base areas was destroyed during military retreats or subsequent Nationalist occupation. S3438 is among the scarcer regional Soviet issues.