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1 Yuan Pingchiang County Soviet
| Issuer | Pingchiang County Soviet Government |
|---|---|
| Year | 1931 |
| Type | Standard circulation coin |
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| Obverse description | At center, a large five-pointed star occupies the field, with a hammer and sickle device rendered in relief within the star's interior. The star is enclosed within a beaded inner circle. Surrounding the inner circle, a circular legend in Chinese characters reads 'Pingchiang County Soviet Government' along the upper arc and 'Made in the Year 1931' along the lower arc, all within a reeded border. |
|---|---|
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| Reverse lettering | 壹 圓 (Translation: 1 Yuan) |
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| Additional information |
Pingchiang County, in northern Hunan, was one of the earliest Soviet base areas established by Peng Dehuai following the Autumn Harvest Uprisings of 1927. Local Soviet administrations issued their own coinage partly out of necessity — Nationalist currency was distrusted or unavailable in controlled zones — and partly as a deliberate assertion of parallel governance. This piece dates to the period when the Hunan-Hubei-Jiangxi Soviet was consolidating, before Chiang Kai-shek's encirclement campaigns systematically dismantled the rural base areas between 1930 and 1934.
Surviving examples are scarce. Most Soviet-issued coins from this period were melted or confiscated following Nationalist reconquest of the region.