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100 Yuan Tung Pei Bank of China, red

Issuer Tung Pei Bank of China
Year 1947
Type Local banknote
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Obverse description Central vignette of a farmer ploughing a field with a horse team, set within a rectangular frame. Chinese inscription 東北銀行 (Tung Pei Bank) across the top, with the denomination 壹百圓 (One Hundred Yuan) in large characters to the right. Prefix NO.GE and serial number to the upper corners, with the date inscription 中華民國三十六年 (Republic of China Year 36) along the lower margin; the entire note is printed in red.
Obverse lettering 東北銀行
壹百圓
流通券
中華民國三十六年
NO.GE
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Comments

The Tung Pei Bank of China was a regional communist-backed institution operating in Manchuria — "Tung Pei" meaning Northeast — established during the Soviet-assisted period following Japan's 1945 surrender. By 1947 the bank was issuing notes to fund PLA military operations in the region at a time when Nationalist and Communist forces were actively contesting control of Manchuria. Currency was a weapon as much as a financial instrument; inflationary pressure was deliberate policy in contested zones.

The S-prefix Pick number places this firmly in the specialized regional issues, outside the main Chinese national series. The red color variant designation matters here — multiple color printings of this denomination exist, and color differentiation is the primary collector distinction between otherwise nearly identical notes.

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