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3 Chiao Yichun Worker's, Farmer's, and Soldier's Bank

Issuer Yichun Worker's, Farmer's, and Soldier's Bank (宜春工农兵银行)
Year 1931
Type Local banknote
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Obverse description The face is printed in dark blue and red on a cream paper ground, enclosed within a scalloped guilloche border. Two large oval vignettes, each containing a landscape scene, flank a central denomination panel bearing the large characters 叁角 (Three Chiao) over the legend 銀洋 (Silver Yuan). The bank title 宜春工農兵銀行 is inscribed in bold red characters across the upper field, with the date 公曆一九三一年 (Gregorian year 1931) along the left margin and a serial number in red at the right; red official seals appear in the lower corners.
Obverse lettering 宜春工農兵銀行
江西
銀洋叁角
合成壹元
敵兌現洋
公曆一九三一年
字第 號
發行
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Comments

The Yichun Worker's, Farmer's, and Soldier's Bank was one of dozens of small Soviet-area banks established by the Chinese Communist Party during the Jiangxi Soviet period, each issuing its own currency to serve a localized economy under constant Nationalist military pressure. Yichun County, in Jiangxi Province, fell within the broader Soviet zone but maintained its own financial apparatus — a practical necessity given the difficulty of moving currency across territory frequently disrupted by Kuomintang encirclement campaigns.

That this note survives at all is the more remarkable fact. Local Soviet currency was printed on rudimentary equipment, often with poor-quality ink and paper, and was systematically destroyed or abandoned as Communist forces retreated during the Fifth Encirclement Campaign of 1933–34. The unlisted status in Pick reflects how few examples reached collectors.

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