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10 Yuan / 10 Yan Shensi-Kansu-Ninghsia Border Area Bank
| Issuer | Shensi-Kansu-Ninghsia Border Area Bank |
|---|---|
| Year | 1941 |
| Type | Standard circulation banknote |
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|---|---|
| Obverse lettering | 陝甘寧邊區銀行 拾圓 |
| Reverse description | Predominantly dark blue-green note with a large ornate guilloche medallion at centre bearing the numeral 10, surrounded by intricate scrollwork and floral lathe-work border. The romanised bank name SHAAN GAN NING BIANKY INXANG is inscribed along the top, with the denomination indicator SH-YAN and the value numeral 10 repeated in each corner. Two manuscript signatures appear across the central medallion. |
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| Comments |
The Shensi-Kansu-Ninghsia Border Area Bank was the financial arm of the Chinese Communist Party's wartime base in Yan'an, issuing currency that circulated within territory the Communists controlled during the Second Sino-Japanese War. These notes functioned as a parallel monetary system, deliberately insulated from both Japanese occupation scrip and the Nationalist government's fabi — a political act as much as an economic one.
By 1941, the Nationalist government had cut off financial subsidies to the Border Region, forcing the bank to expand its note issuance aggressively. Inflation followed. The S3657 belongs to that period of monetary pressure, when printing outpaced the region's productive capacity.