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1000 Yuan Tung Pei Bank of China, ochre
| Issuer | Tung Pei Bank of China |
|---|---|
| Year | 1948 |
| Type | Local banknote |
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| Obverse description | Brown on ochre underprint. Central vignette at right with a farmer and a worker standing together, the worker holding tools over his shoulder. Chinese inscriptions give the bank name, denomination 壹仟圓, and issuing authority, with the value 1000 repeated in numerals at lower left; prefix letters and serial number appear at upper centre. |
|---|---|
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| Reverse lettering | TUNG PEI BANK OF CHINA ONE THOUSAND YUAN (1948) |
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| Comments |
The Tung Pei Bank of China — the Northeast Bank — was a Communist-controlled regional institution operating in Manchuria during the civil war period. By 1948, the People's Liberation Army had consolidated enough territory in the northeast that the bank was issuing high-denomination notes to service a war economy running at serious inflationary pressure. This note is part of that final surge of regional currency before the Northeast was fully absorbed into the emerging national monetary structure of the PRC.
The regional banks were folded into the People's Bank of China in 1948–49, making the entire Tung Pei series short-lived by design.