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| Issuer | Yan'an Guanghua Shangdian (延安光華商店) |
|---|---|
| Year | 1938 |
| Type | Log in to see details |
| Value | 5 Fen (0.05) |
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| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | 延安光華商店代價券 伍分 中華民國二十七年印 |
| Reverse description | Log in to see details |
| Reverse lettering | 一為便利币面流通特發行代價券 二遇此券式給張彼此照通用小 票憑送信用印足代法幣壹圓 三此券數行十足準備準備金全部 行政邊區銀行由邊區銀行保証 並代理兌換 延安光華商店 |
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| Comments |
Guanghua Shangdian — the Guanghua Store — was established by the Chinese Communist Party in Yan'an in 1938 as a cooperative trading organization supplying the border region population. Its scrip served as functional small-change currency at a time when metal coins were scarce and the Nationalist-issued fabi was both mistrusted and in short supply across CCP-controlled territory. Notes of this denomination were high-circulation, low-survival items: used hard, often in outdoor markets, and rarely preserved.
The Yan'an printing infrastructure of this period was primitive by any standard. That these notes exist at all is partly luck.