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10 000 Yuan Tung Pei Bank of China

Issuer Tung Pei Bank of China (東北銀行)
Year 1948
Type Local banknote
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Obverse description Blue-grey on brown-violet underprint. Central vignette shows the tower of the railroad station of Shuangcheng (today a suburb of Harbin), rendered in a detailed architectural style. Bank name and denomination inscriptions frame the vignette within ornate guilloche borders.
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Reverse description Violet letterpress print on plain paper. Central vignette presents a large multi-storey institutional building, likely a bank branch, rendered in a three-quarter perspective view with fine line engraving. The denomination 10000 is printed below the vignette in numeral form, flanked on both sides by the Chinese characters 壹萬圓, all within ornate guilloche corner panels. The bank name 東北銀行 appears at the top centre.
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The Tung Pei Bank of China — the Northeast Bank — was a communist-controlled institution operating in Manchuria during the final years of the Chinese Civil War. By 1948, the People's Liberation Army had consolidated control over much of the northeast, and the bank's high-denomination notes were circulating in a region whose economy had been severely disrupted by years of Soviet occupation, Nationalist-Communist fighting, and industrial stripping by Soviet forces after 1945.

The 10,000 Yuan denomination reflects the inflationary pressure of the period. Within months of this note's issue, the Tung Pei Bank was absorbed into the newly established People's Bank of China following the communist victory.

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