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2 Chiao / 20 Cents Shensi-Kansu-Ninghsia Border Area Bank
| Issuer | Shensi-Kansu-Ninghsia Border Area Bank |
|---|---|
| Year | 1941 |
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| Value | Log in to see details |
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| Composition | Paper |
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|---|---|
| Obverse lettering | 陝甘寧邊區銀行 貳角 中華民國三十年 |
| Reverse description | The reverse is printed in brown, with a central vignette of an oil derrick and industrial buildings, likely representing the Yan'an oilfield, set within a rectangular frame flanked by guilloche panels. The denomination 20 CENTS appears in large numerals in the left and right panels, each above a label reading CENTS. The romanised bank name SHAAN GAN NING BIANKY INXANG is inscribed along the top border, and the year 1941 appears at the bottom centre. |
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| Comments |
The Shensi-Kansu-Ninghsia Border Region was the Communist Party's administrative base during the Second Sino-Japanese War, centered on Yan'an. The Border Area Bank was established in 1937 specifically to manage a separate currency system within this territory — one that explicitly excluded Nationalist fabi and Japanese military scrip, both of which the CCP regarded as instruments of economic control by hostile powers. Issuing a parallel currency was as much a political act as a financial one.
The 1941 series emerged during a period of severe economic blockade imposed by Chiang Kai-shek's government, which cut off outside goods and forced the border region toward self-sufficiency. Notes from this year circulated hard and are frequently found with significant wear.