10 Coppers Chinese Soviet Republic Bank of Hunan-Kwangsi Province

The Hunan-Kwangsi (Xiang-Gui) Soviet area was one of the more peripheral base areas of the Chinese Soviet Republic, and its provincial branch notes occupy a distinct corner of the broader communist currency program. By 1934, the Nationalist encirclement campaigns were tightening severely, and currency issued in this period had an extremely compressed circulation window — many notes were abandoned or destroyed as Red Army units broke out and began what became the Long March later that year.

Physical survival is poor across all denominations from this branch, and attribution can be complicated by crude local printing conditions and the absence of consistent serial numbering.