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| Issuer | Bank of Dung Bai (Northeast Bank of Liaoning) |
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| Year | 1945 |
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| Value | 50 Yuan |
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| Obverse description | Purple-brown letterpress print on plain paper. Chinese text arranged in vertical columns reading right to left, with the bank name and denomination inscribed in classical characters. An ornate central vignette is framed by decorative borders, with square overprints bearing Chinese seal-script characters applied at multiple positions across the face. |
|---|---|
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| Reverse description | Red letterpress print on a cream ground. Two large circular guilloche medallions at left and right each bear the denomination numeral "50" over "YUAN". A central oval vignette contains a harbour scene with a steam ship. The bank name "BANK OF DUNG BAI" runs across the top in bold sans-serif lettering, the word "FIFTY" is repeated at the foot flanking the date, and the overall design is enclosed in an intricate floral and scroll border. |
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| Comments |
The Bank of Dung Bai — more precisely the Northeast Bank of Liaoning — was a Communist-administered institution operating in the contested Manchurian northeast during the final phase of the Second Sino-Japanese War. This note dates to 1945, the year Soviet forces entered Manchuria and Japanese authority collapsed with startling speed, creating a brief monetary vacuum that regional Communist banking organs moved quickly to fill.
Notes from this issuer circulated in a politically volatile zone where Nationalist and Communist currencies competed for acceptance within months of issue. Survival rates are low partly for that reason — much of the paper from this period was deliberately withdrawn or simply abandoned as control of individual counties changed hands repeatedly through 1946 and into the civil war proper.