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2 Chiao / 0.2 Yuan Chinese Soviet Republic National Bank
| Issuer | Chinese Soviet Republic National Bank, Northwest Branch |
|---|---|
| Year | 1932-1934 |
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| Currency | Yuan (1912-1949) |
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|---|---|
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| Reverse description | Printed in purple ink, the reverse centres on a hammer and sickle device superimposed over a globe, enclosed within a wreath of grain stalks. The issuing bank title is inscribed in Chinese across the upper margin, with the year date appearing at the lower portion of the design. |
| Reverse lettering | 中華蘇維埃共和國國家銀行西北分行 1932 (Translation: CHINESE SOVIET REPUBLIC NATIONAL BANK - NORTHWEST BRANCH 1932) |
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| Comments |
The Northwest Branch of the Chinese Soviet Republic National Bank operated out of the Shaanxi-Gansu border region, one of several semi-autonomous soviet areas attempting to maintain functional local economies under near-constant Nationalist military pressure. These notes circulated within a tightly controlled zone where the issuing authority could enforce acceptance at bayonet point if necessary — convertibility into anything external was theoretical at best.
Two reference numbers appearing in catalogs for what is essentially the same type reflects genuine uncertainty about whether surviving examples represent distinct printings or simply variation in handstamped branch designations. The paper itself was often locally sourced, which accounts for the significant stock inconsistencies collectors encounter across the series.