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1 Yuan Northeast Kiangsi Soviet Bank, North Fukien Branch
| Issuer | Northeast Kiangsi Soviet Bank, North Fukien Branch |
|---|---|
| Year | 1932 |
| Type | Log in to see details |
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| Composition | Log in to see details |
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| Shape | Rectangular |
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| Obverse description | Central vignette of a large red five-pointed star enclosing a hammer and sickle emblem, set against a salmon-toned guilloche underprint. The border is formed by a decorative green frame with scrollwork ornaments at the corners, with the denomination numeral "1" repeated in green on both lateral margins. A rectangular banner inscription in Chinese characters runs along the top edge, identifying the issuing bank and branch. |
|---|---|
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| Reverse lettering | 退票即兌 本行紗票壹圓 公曆一九三二年一月 行長林淸鄉印 銀圓壹圓 |
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| Comments |
The Northeast Kiangsi Soviet Bank was one of several financial institutions established by the Chinese Communist Party in its rural base areas during the early 1930s, operating under extremely constrained conditions — scarce paper, no formal printing infrastructure, and constant Nationalist encirclement campaigns. The North Fukien Branch designation reflects the fragmented, geographically dispersed nature of Soviet banking in this region, where branch notes sometimes circulated only within a few counties and were redeemed or destroyed as Red Army control shifted.
Surviving examples of S3440C are genuinely rare. The base areas fell to Chiang Kai-shek's Fifth Encirclement Campaign by 1934, after which these notes had no redemption mechanism.