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100 000 Yuan Tung Pei Bank of China
| Issuer | Tung Pei Bank of China (東北銀行) |
|---|---|
| Year | 1949 |
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| Shape | Rectangular |
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| Obverse lettering | 東北銀行 拾萬圓 流通券 地方 中華民國三十八年 100000 |
| Reverse description | The back is printed in olive-brown on an intricate guilloche ground, with a central vignette of a multi-tiered fortress gate tower set behind a large arched entryway, flanked by decorative scrollwork panels. The denomination 拾萬圓 appears in Chinese characters within ornate cartouches to the left and right of the central design. The bank name 東北銀行 is inscribed at the top, and the year 1949 appears at the bottom center beneath the vignette. |
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| Comments |
The Tung Pei Bank of China — literally the Northeast Bank of China — was the financial instrument of the Communist-controlled Manchurian administration, established in 1945 after Soviet forces expelled the Japanese. By 1949, hyperinflation across the collapsing Nationalist economy had made denominations of this magnitude routine rather than remarkable. The Northeast was actually the first major region consolidated under CPC control, and its regional currency infrastructure predated the People's Bank of China's unified renminbi by several years.
This note belongs to the terminal phase of that regional system, issued just as the PRC's national currency was absorbing and retiring all such provincial paper.