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5 Chiao / 50 Cents Tung Pei Bank of China
| Issuer | Tung Pei Bank of China (東北銀行) |
|---|---|
| Year | 1946 |
| Type | Log in to see details |
| Value | 5 Chiao (0.5) |
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| Obverse description | Central vignette within an oval frame presents a vessel moored alongside a dock with industrial shoreline scenery. To the left, the large Chinese denomination characters 伍角 appear within a guilloche-bordered panel, flanked by corner rosette medallions. The bank name 東北銀行 is inscribed across the top in Chinese characters, with serial prefix AA and the district overprint 遠東 at left and right margins; two red seal chops appear at lower centre. |
|---|---|
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| Reverse lettering | BANK OF DUNG BAI FIFTY 50 CENTS 1946 |
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| Comments |
The Tung Pei Bank of China was established in 1945 after Soviet forces moved into Manchuria and Chinese Communist forces took administrative control of much of the northeast. This note was issued in 1946 during a period when the Communists were actively building a parallel financial infrastructure in the region — the Tung Pei Bank's issues were instruments of that economic consolidation, circulating in areas where Nationalist currency was being actively displaced.
The S-prefix in the Pick reference places this among specialized regional issues, and northeastern Communist-era fractional notes from this period survive in genuinely limited numbers — the region changed hands repeatedly during the civil war, and much of the currency issued there was withdrawn or destroyed as military lines shifted.