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20 Yuan Maojgungs Liutungkyan
| Issuer | Shaanxi-Gansu Border Area Industrial and Commercial Trading Company (陕甘边区贸易公司商业流通券) |
|---|---|
| Year | 1945 |
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| Value | 20 Yuan |
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|---|---|
| Obverse lettering | 貳拾圓 陝甘邊區 貿易公司商業流通券 中華民國三十四年 |
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| Reverse lettering | 此券蒙陝甘軍邊區政府批准發行並告全邊區境內所此幣就與一律通用 陝甘邊區貿易公司商業流通券 |
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| Comments |
The Shaanxi-Gansu Border Area was one of the earliest Communist-controlled regions to develop its own financial infrastructure, and by 1945 the border area authorities had been issuing local currency for nearly a decade. This note comes from the industrial and commercial trading company rather than the border bank itself — a distinction that mattered administratively, as these trade circulation vouchers were designed specifically to facilitate commerce between the liberated zones and surrounding Nationalist-controlled territory, a function the main border bank notes could not always serve without political complication.
The romanization "Liutungkyan" in the catalog name reflects the Wade-Giles rendering of 流通券, meaning "circulation voucher" — not a proper name.