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5 Ch'uan Southeast Hupeh Workers and Farmer's Bank
| Issuer | Southeast Hupeh Workers and Farmers Bank |
|---|---|
| Year | 1932 |
| Type | Standard circulation banknote |
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| Obverse description | Blue letterpress note with a central oval vignette enclosing a traditional Chinese pavilion set within a landscape of bare trees and water, framed by a guilloche border. The denomination 伍串 (Five Ch'uan) appears in large Chinese characters to the left and right of the vignette, with the bank name 鄂東南農工銀行 printed in red along the top margin flanked by red serial numbers. The date 一九二年 is inscribed at the foot of the central vignette, with decorative floral corner ornaments completing the design. |
|---|---|
| Obverse lettering | 鄂東南農工銀行 伍串 一九二年 伍 伍 |
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| Comments |
The Southeast Hupeh Workers and Farmers Bank was one of several soviet-area financial institutions established by the Chinese Communist Party in the Oy-Wan (Hubei-Anhui-Henan) Soviet district during the early 1930s. These regional red banks operated under constant Nationalist military pressure — the fourth and fifth encirclement campaigns of 1932–1934 eventually dismantled most of them. Notes issued this year were in circulation for a very short window before the soviet areas collapsed.
The ch'uan denomination was specific to certain CCP base-area currencies and did not map directly onto the standard yuan system, reflecting deliberate monetary separation from Nationalist-controlled financial networks.