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10 000 Yuan Tung Pei Bank of China
| Issuer | Tung Pei Bank of China (東北銀行) |
|---|---|
| Year | 1948 |
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| Reference(s) | P#S3764 |
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|---|---|
| Obverse lettering | 東北銀行 壹萬圓 地方流通券 10000 中華民國三十七年印 |
| Reverse description | Printed in a uniform mauve-brown tone, the reverse is centred on an intaglio vignette of a large neoclassical bank building with a colonnaded façade and a flag atop the roof, set within an elaborate scrollwork border. The denomination 壹萬圓 appears in ornamental cartouches to the left and right, and the numeral 10000 is set in a decorative panel at the bottom centre. The bank title 東北銀行 runs along the upper border within a scrolled frame. |
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| Comments |
The Tung Pei Bank of China — literally the Northeast Bank — was established by the Chinese Communist Party to serve the Manchurian base areas, and by 1948 it was effectively the financial backbone of Lin Biao's Northeast Field Army operations. This high-denomination note reflects the severe inflation that had taken hold across occupied Manchuria following years of Soviet asset stripping after 1945, Japanese currency collapse, and ongoing civil war disruption. Denominations climbed rapidly across all regional Communist issuers during this period.
The bank was absorbed into the People's Bank of China later in 1948, making its entire note-issuing life extraordinarily brief.