Catalog
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| Issuer | Inner Mongolia People's Bank |
|---|---|
| Year | 1949 |
| Type | Local banknote |
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|---|---|
| Obverse lettering | 萬伍 - 萬伍 行銀民人古蒙内 公私通用 - 內蒙旗縣 伍 萬 圓 印年八十三國民華中 50000 - 50000 (Translation: 50 000 (Yuan) - 50 000 (Yuan) Inner Mongolia People`s Bank For public and private use - In flag counties of Inner Mongolia 50 000 Yuan Printed in Year 38 of the Republic of China 10 000 (Yuan) - 10 000 (Yuan)) |
| Reverse description | Printed entirely in blue, the reverse carries a dense guilloche underprint with an elaborate floral rosette cartouche at centre, within which Mongolian script text is set. Symmetrical ornamental panels flank the central vignette on both sides, and the denomination numeral 50000 appears in a rectangular panel at lower centre, with the year 1949 inscribed directly below. Red manuscript overprints and cancel perforations are present on this example. |
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| Comments |
The Inner Mongolia People's Bank was a short-lived regional issuing authority operating under the Inner Mongolian Autonomous Government, which had functioned as a Soviet-aligned buffer administration since the mid-1940s. By 1949, the Communist consolidation of China was effectively complete, and regional currencies like this one were being absorbed — or simply rendered obsolete — by the incoming People's Bank of China system. Notes at this denomination level reflect the severe inflation that had eaten through the Nationalist monetary order and left exchange rates in the tens of thousands.
The unlisted Pick status suggests surviving examples are genuinely uncommon in the numismatic record.