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50 Yuan / 50 Yan Shensi-Kansu-Ninghsia Border Area Bank
| Issuer | Shensi-Kansu-Ninghsia Border Area Bank |
|---|---|
| Year | 1942 |
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| Value | Log in to see details |
| Currency | Yuan (1912-1949) |
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|---|---|
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| Reverse description | Guilloche-framed central oval bearing the large numeral '50' over a fine lathe-work underprint, printed in reddish-brown. The romanised bank name SHAANGANNINGBIANKYINXAN runs in an arc along the upper border, and the denomination USI-YAN is inscribed in a panel at the foot. Two manuscript signatures appear within the central field, one to the left and one to the right of the numeral. The numeral '50' is also repeated vertically at both side margins. |
| Reverse lettering | SHAANGANNINGBIANKYINXAN 50 USI-YAN |
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| Comments |
The Shensi-Kansu-Ninghsia Border Area Bank was the financial arm of the Chinese Communist Party's wartime base centered on Yan'an, and the 1942 notes were issued during a period of severe economic pressure — a Nationalist blockade of the border region was actively cutting off external trade and supply, forcing the base area to accelerate monetary self-sufficiency. The bank had been printing its own currency since 1937, but the 1942 series came in direct response to Chiang Kai-shek's decision to terminate CCP subsidies and tighten the cordon around Yan'an.
Counterfeiting of border area notes by Nationalist agents was a documented problem throughout this period, and the Communist administration issued repeated public warnings about circulating fakes. Pick S3658 is among the higher denominations in the series, reflecting the inflationary pressure the blockade was generating by 1942.