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1 Yuan Tung Pei Bank of China
| Issuer | Tung Pei Bank of China (東北銀行) |
|---|---|
| Year | 1946 |
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| Shape | Rectangular |
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| Obverse description | The obverse is printed in red-brown monochrome and carries a central vignette at right of a farmer plowing a field with an ox, set against a rural landscape with trees and buildings in the background. At left, a guilloche rosette frames the large Chinese numeral 壹圓 (One Yuan), flanked by vertical inscriptions reading 壹圓 and 遼東 in the side panels. The bank title 東北銀行 appears across the top centre, with block letter prefix and serial number notations, and the Republican era date inscription 中民國三十五年印 along the lower margin. |
|---|---|
| Obverse lettering | 東北銀行 壹圓 遼東 中民國三十五年印 |
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| Comments |
The Tung Pei Bank of China — literally the "Northeast Bank of China" — was established by the Chinese Communist Party in Manchuria following the Soviet withdrawal in 1946, specifically to finance military and administrative operations in the northeast as civil war with the Nationalists intensified. This note belongs to the earliest phase of that institution's existence, when the Communists were consolidating control over former Japanese-occupied territory and urgently needed a regional currency to replace the collapsing puppet money left behind by the Manchukuo regime.
The bank was absorbed into the People's Bank of China in 1948 as Communist forces unified their regional monetary systems ahead of national victory.