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400 Wen Sinkiang Provincial Government

Issuer Sinkiang Provincial Government
Year 1920
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Obverse description Vertically oriented note with a decorative border of interlaced floral and geometric patterns enclosing a central text panel. The upper corners bear circular medallions with Chinese characters, and the field is filled with multiple lines of Arabic (Uyghur) script in the upper half and Chinese characters in the lower half.
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Reverse description Vertically oriented note with a bold geometric and foliate border enclosing a central salmon-toned panel bearing Chinese calligraphic text. A red official seal impression appears in the upper right of the text field, with Arabic script inscriptions at the bottom and Chinese denomination characters in the corner medallions.
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Comments

Sinkiang in 1920 was effectively a warlord fiefdom operating well outside Peking's reach, and its provincial currency reflected that isolation. The 400 Wen denomination is an unusual unit — not a round figure in any conventional monetary logic — almost certainly calibrated against local commodity pricing or exchange conventions with Russian Turkestan, where copper and silver valuation followed different ratios than in the Chinese interior.

Notes from this authority circulated in an economy where Russian roubles, Chinese copper cash, and provincial paper all traded simultaneously, each at negotiated rates. Confidence in the paper depended almost entirely on which local strongman was currently in control of Ürümqi.

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