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1000 Yuan Farmer's Bank of Northwest China
| Issuer | Farmer's Bank of Northwest China (西北农民银行) |
|---|---|
| Year | 1946 |
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| Currency | Yuan (1946-1949) |
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| Obverse description | Blue letterpress print on light ground. Central vignette shows a harbour or river port scene with a large steamship moored at a dock, cranes and masts visible in the background. Bank name 西北農民銀行 appears in the upper centre, denomination 壹仟圓 at right centre, serial number printed twice in red at upper left and upper right, with two red seal impressions at lower left and lower right. |
|---|---|
| Obverse lettering | 西北農民銀行 壹仟圓 |
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| Comments |
The Farmer's Bank of Northwest China was a communist-controlled institution operating out of the Shaanxi-Gansu-Ningxia Border Region — the wartime base area centered on Yan'an. By 1946, the region was shifting from anti-Japanese resistance to open civil war with the Nationalists, and the bank's high-denomination issues reflect the inflationary pressure that came with that transition. Border region currencies were formally prohibited from circulating in Kuomintang-held territory, which naturally meant they did anyway, usually at a discount.
The S-prefix in the Pick reference places this firmly in the specialized Chinese regional issues — these notes are frequently encountered with heavy folds and rural soiling, consistent with circulation in areas where banking infrastructure was sparse and notes passed through many hands before being retired.