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200 Yuan Tung Pei Bank of China
| Issuer | Tung Pei Bank of China (東北銀行) |
|---|---|
| Year | 1947 |
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| Value | 200 Yuan |
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| Obverse description | A steam locomotive vignette occupies the right portion of the note, rendered in black intaglio against the red letterpress underprint. The centre carries the large Chinese denomination characters 貳佰圓 (Two Hundred Yuan) within a decorative cloud-border cartouche, with the bank name 東北銀行 across the top. Serial number prefix NO.AD and the legend 流通券 (Circulating Note) appear in the left margin, with 地方 (Local) to the right. |
|---|---|
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| Reverse lettering | TUNG PEI BANK OF CHINA TWO HUNDREDS YUAN 200 |
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| Comments |
The Tung Pei Bank of China — the Northeast Bank — was established by the Chinese Communist Party in Manchuria following the Soviet withdrawal from the region in 1946, issuing currency to finance military operations against Nationalist forces during the civil war. The 1947 series came at a critical point: the PLA was consolidating control over Manchuria ahead of what would become a decisive theater of the broader conflict.
Inflation ran aggressively through Communist-administered northeast China during this period, and high-denomination notes like this 200 Yuan were a practical necessity rather than an aspirational issue. The bank was absorbed into the People's Bank of China system by 1948.