10 Yuan Maojgungs Liutungkyan

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.