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10 Yuan Tung Pei Bank of China
| Issuer | Tung Pei Bank of China |
|---|---|
| Year | 1946 |
| Type | Local banknote |
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|---|---|
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| Reverse description | Brown intaglio print on plain paper. A central oval vignette presents the Temple of Heaven in Beijing, rendered in fine line engraving with a broad stairway approach and cloud-filled sky. The denomination numerals 10 appear at left and right of the vignette, with the English legend TUNG PEI BANK OF CHINA in a banner across the top and TEN YUAN in a panel at the base, flanked by ornate guilloche corner designs, and the year 1946 below. |
| Reverse lettering | TUNG PEI BANK OF CHINA TEN YUAN 1946 |
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| Comments |
The Tung Pei Bank of China was established in 1945 by the Chinese Communist Party to serve Manchuria following the Soviet expulsion of Japanese occupying forces. This 10 Yuan note belongs to the earliest phase of that institution's operation, when the Communists were consolidating financial control over the northeast ahead of the full civil war against the Nationalists. The bank's notes circulated in direct competition with Nationalist-backed currency in the same territory — a deliberate destabilization tactic as much as a practical monetary measure.
The "Tung Pei" designation simply means Northeast, and the bank was eventually absorbed into the People's Bank of China after 1948.