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10 Yuan Bank of Huai Nan

Issuer Huai Nan Bank (淮南银行)
Year 1944
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Value 10 Yuan
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Obverse description Central vignette to the right shows a rural agricultural scene with figures working in rice paddies along an irrigation channel, rendered in fine line engraving. The large Chinese characters 拾圓 (Ten Yuan) appear in an ornate cartouche at left, flanked by decorative corner panels bearing the character 拾. The bank name 淮南银行 is inscribed at top centre, with red seal impressions and the serial number 828439 printed in red at upper left and right.
Obverse lettering 淮南银行
拾圓

828439
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The Huai Nan Bank was one of several Communist Party-controlled regional banks operating behind Japanese lines in the Yangtze-Huai River borderlands during the Second Sino-Japanese War. Its notes circulated in the New Fourth Army's base areas as a direct instrument of economic warfare — designed to displace both Japanese military yen and the Nationalist Central Bank's fabi in territory the Communists were actively contesting.

The "L" suffix on the Pick reference denotes a specific signature or regional variant within the series, distinctions that matter considerably given how many parallel issuing offices the bank maintained across different guerrilla zones in Jiangsu and Anhui provinces.

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