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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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| 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 | Plain unadorned paper reverse bearing a multi-line Chinese text block printed in blue-green ink, arranged in three numbered clauses explaining the note's purpose, its equivalence to legal currency, and the guarantee of full reserve backing by the Border Region Bank. A romanised signature or handwritten notation reading 'Guangjina' (or similar) appears at the lower right below the text. |
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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.