200 Cash Szechuan-Shensi Soviet, regular hammer and sickle

The Szechuan-Shensi Soviet was established in late 1932 when Red Army forces under Xu Xiangqian pushed into the mountainous border region between the two provinces, creating one of the more durable Communist base areas of the pre-Long March period. Coinage was a deliberate assertion of administrative control — the soviet operated its own mint at Tongjiang and issued currency partly to displace Nationalist and warlord issues circulating locally.

Three die varieties are catalogued under Y#510.1-3, distinguished primarily by spacing and minor positional differences in the hammer and sickle device — a distinction that matters considerably to specialists given the uneven survival rates across strikes from this facility.