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50 Yuan / 50 Yan Shensi-Kansu-Ninghsia Border Area Bank

发行方 Shensi-Kansu-Ninghsia Border Area Bank
年份 1942
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货币 Yuan (1912-1949)
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背面描述 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.
背面铭文 SHAANGANNINGBIANKYINXAN
50
USI-YAN
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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.

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