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10 Yuan Maojgungs Liutungkyan
| Issuer | Shaanxi-Gansu-Ningxia Border Region Trade Company (陝甘寧邊區貿易公司) |
|---|---|
| Year | 1945 |
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| Composition | Paper |
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| Reverse description | Printed in black in vertical format, the reverse carries several columns of handwritten-style Chinese text setting out the conditions of issue and circulation regulations for the note, including references to the Shaanxi-Gansu-Ningxia Border Region Bank and the note's legal tender status within the border area. |
| Reverse lettering | 此券業經陝甘寧邊區政府批准發行並佈告全邊區境內所有納稅交易亞佈佈等一律通用 此券規定專兌陝甘寧邊區銀行券幣二十元 此券得照章兌換法幣 |
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| Comments |
The Shaanxi-Gansu-Ningxia Border Region was the Communist Party's administrative heartland during the Second Sino-Japanese War, centered on Yan'an. Notes issued by its various trade and commercial organs were not general currency in the modern sense — they functioned as scrip within a tightly controlled regional economy, used to manage commodity exchange and suppress inflationary pressure from Nationalist-issued fiat currency flooding the region.
By 1945 the Border Region had developed a surprisingly sophisticated parallel financial system, with different issuing bodies handling distinct economic functions. The Trade Company's notes specifically facilitated commerce rather than wages or taxation, which kept them circulating in market contexts rather than hoarded as savings.
Survival rates are low — wartime paper stock was poor, and much of this scrip was demonetized and discarded after Liberation-era currency unification.