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200 Yuan Maojgungs Liutungkyan

Issuer Shan-Gan-Ning Border Area Trading Company (陕甘宁边区贸易公司流通券)
Year 1944
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Shape Rectangular
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Obverse lettering 陕甘宁边区贸易公司流通券
贰百圆
B131440
中华民国三十年
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Reverse lettering 200
此券经陕甘宁边区政府批准发行并告全边区所有诸税
交易贸易债算一律通用
并准与法币银行券一律行使兑换与流通
此券所属西北土产公司光华煤炭公司陕甘宁边区
南务公司及其他各部门所在贸易及所属商店均负
责照券兑现并由陕甘宁边区银行负责兑换
陕甘宁边区贸易公司流通券代理之
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The Shan-Gan-Ning Border Area — straddling Shaanxi, Gansu, and Ningxia — operated as the Chinese Communist Party's administrative heartland from 1937 onward, and its financial institutions issued their own currency partly to resist Nationalist economic pressure. The Guomindang had been restricting the flow of Fabi into the region and engineering blockades designed to strangle the base economically. Local trade notes like this one from the Border Area Trading Company were a direct counter-measure, designed to keep commerce moving internally without dependence on Chongqing-controlled currency.

By 1944, the border area monetary system had matured considerably — this is a relatively late wartime issue, printed when the CCP's administrative infrastructure was far more organized than in the lean years of the early 1940s.

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