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5 Yuan Tung Pei Bank of China

Issuer Tung Pei Bank of China
Year 1945
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Value 5 Yuan
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Obverse lettering 東北銀行 伍圓 流通券 伍 NO.B 中華民國三十四年印
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Reverse lettering TUNG PEI BANK OF CHINA FIVE YUAN 1945
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The Tung Pei Bank of China was established in 1945 under Soviet-backed Manchurian communist administration following the Red Army's rapid occupation of Manchuria in August of that year. This note predates the formal establishment of the People's Republic by four years, making it part of a parallel communist monetary infrastructure that operated well outside Nationalist-controlled financial networks.

The Tung Pei series is frequently underrepresented in Western collections — wartime and postwar chaos in the northeast meant circulation records are fragmentary and survival rates uneven across denominations.

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