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50 Yuan Farmer's Bank of Northwest China
| Issuer | Farmers Bank of Northwest China (西北农民银行) |
|---|---|
| Year | 1943 |
| Type | Local banknote |
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| Obverse description | Red-brown print on blue underprint. The denomination 伍拾圓 (50 Yuan) is printed in large Chinese characters within a decorative cartouche at centre-left, flanked by ornamental guilloche borders. A vignette at right depicts a multi-storey traditional Chinese temple pagoda set among trees. The bank name 西北農民銀行 appears in Chinese characters along the top, with serial number panels at upper left and upper right, and the Republican era date 中華民國三十二年 at lower centre. |
|---|---|
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| Reverse lettering | SI BEI NUNG MIN IN XANG 50 USHYAN 1943 |
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| Comments |
The Farmers Bank of Northwest China was a communist-controlled institution operating out of the Shaanxi-Gansu-Ningxia Border Region, the wartime administrative base of the Chinese Communist Party. This 50 Yuan note dates from 1943, a period when the border region's economy was under severe pressure — Japanese blockade on one side, Nationalist economic warfare on the other, including deliberate flooding of the region with counterfeit border currency.
The bank issued large denominations like this partly to cope with accelerating inflation driven by wartime supply shortages. Border region notes had no legal standing outside CCP-controlled territory, which kept circulation geographically tight and survivorship rates low.