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200 Cash Southeast Hupeh Workers and Farmer's Bank

Issuer Southeast Hupeh Workers and Farmers Bank
Year 1932
Type Standard circulation banknote
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Reverse description Plain paper reverse printed entirely in red ink with a rectangular single-line frame border enclosing a large block of vertical Chinese text comprising regulatory or explanatory inscriptions, likely detailing the conditions of issue and legal tender provisions of the note. A seal impression appears at the lower left corner outside the main text block.
Reverse lettering 凡我軍政機關及農工商各界均應收用不得拒絕否則依法懲辦鄂東南農工銀行
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Comments

The Southeast Hupeh Workers and Farmers Bank was one of dozens of short-lived soviet-area financial institutions established by the Chinese Communist Party in its rural base areas during the early 1930s. The Hubei-Henan-Anhui Soviet — known as the Eyuwan base — was under sustained Nationalist encirclement campaign pressure throughout 1932, and the bank's notes were instruments of an economy operating under active military siege. Chiang Kai-shek's Fourth Encirclement Campaign effectively destroyed the Eyuwan base by late that year, making the entire note issue extraordinarily brief.

Survivors are rare precisely because the base collapsed so quickly after issue.

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