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5 Yuan Tung Pei Bank of China
| Issuer | Tung Pei Bank of China (東北銀行) |
|---|---|
| Year | 1945 |
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| Value | 5 Yuan |
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|---|---|
| Obverse lettering | 東北銀行 NO. A 14 遼東 伍 伍圓 中民國三十四年 |
| Reverse description | The reverse is printed in red on plain paper with a symmetrical guilloche design centered on a large rosette medallion containing the numeral 5, flanked by two smaller rosette panels each bearing the numeral 5. Corner ornaments carry the digit 5 in decorative frames. The English bank name BANK OF DUNG BAI arcs across the top, with FIVE YUAN inscribed along the lower border and the year 1945 at the foot. |
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| Comments |
The Tung Pei Bank of China — literally the Northeast Bank of China — was established by the Chinese Communist Party in Manchuria following the Soviet Red Army's rapid defeat of Japanese forces in August 1945. This note was issued almost immediately after that transition, before the Nationalist government could assert control over the region, making it one of the earliest instruments of Communist monetary administration in the northeast.
The civil war context matters here: these notes circulated in a contested zone where Nationalist and Communist currencies competed directly, and the CCP worked hard to enforce acceptance of their paper over KMT issues. P#S3727 falls within a series that saw relatively short active use before the Northeast Bank was absorbed into the People's Bank of China system in 1948.