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5 Ch'uan Southeast Hupeh Worker's, Farmer's, and Soldier's Bank, black

Issuer Southeast Hupeh Worker's, Farmer's, and Soldier's Bank
Year 1931
Type Standard circulation banknote
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Obverse lettering 鄂東南工農兵銀行
伍串
一九三一年
Reverse description Printed in green. The reverse carries textual inscriptions in Chinese characters, likely setting out the note's legal tender status and issuing authority, with a simple border design consistent with the austere production standards of Soviet-era Chinese regional currency.
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Comments

The Southeast Hupeh Worker's, Farmer's, and Soldier's Bank was one of the short-lived soviet-area financial institutions established by the Chinese Communist Party during the Jiangxi Soviet period, when regional Red Army bases each operated their own currency to fund military operations and enforce economic separation from Nationalist-controlled zones. Hupeh — modern Hubei — was contested territory, and note-issuing authority here was fragile and geographically confined.

Surviving examples of P#S3519 are genuinely scarce. The bank's operational window was narrow, printing infrastructure was primitive, and Nationalist suppression campaigns destroyed both the issuing apparatus and most of the currency in circulation.

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