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| 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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| Value | 200 Yuan |
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| Obverse description | Green letterpress print on a vertical format note. A central vignette encloses a pagoda set against a rocky landscape within an ornate architectural frame with columns. The denomination 贰百圆 (Two Hundred Yuan) is inscribed in large Chinese characters at the lower centre, with serial number B131440 appearing both at the top and bottom of the note. Two red seal stamps flank the lower portion of the central vignette, and the issuer's name 陕甘宁边区贸易公司流通券 is printed in vertical columns at the upper field. |
|---|---|
| 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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| Comments |
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.