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1 Yuan Soviet Red Army

Issuer Soviet Red Army Command (Manchuria)
Year 1945
Type Standard circulation banknote
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Reverse description Blue on light green underprint. The design centres on a large oval guilloche medallion containing the Chinese characters 壹圓 (One Yuan), surrounded by elaborate acanthus scrollwork and foliate ornaments. The numeral 1 appears in each of the four corners within decorative frames. A rectangular panel at the bottom carries the Chinese inscription 罰處法時戰以票支造贗 (Forgery is punishable by wartime law).
Reverse lettering 壹圓
罰處法時戰以票支造贗
1
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Comments

Issued by Soviet occupation forces following the rapid August 1945 campaign against Japanese-held Manchuria, these military yuan notes were printed in the USSR and introduced alongside similar issues for use in other occupied territories. The Soviet command issued them as a parallel currency, effectively extracting local goods and resources without drawing on hard currency reserves — a standard Soviet occupation monetary tactic also applied in northern Korea, Sakhalin, and parts of Germany at roughly the same time.

Chinese Nationalist authorities refused to recognize the notes, and after Soviet withdrawal they became worthless. Survivor quantities are decent; the real scarcity is in consecutively numbered pairs.

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