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50 Yuan Tung Pei Bank of China, red
| Issuer | Tung Pei Bank of China (東北銀行) |
|---|---|
| Year | 1945 |
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| Shape | Rectangular |
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| Obverse description | Printed entirely in red, the obverse centres on an ornate oval guilloche vignette bearing the large Chinese characters 伍拾圓 (Fifty Yuan). The bank name 東北銀行 (Tung Pei Bank) is inscribed across the top, flanked by serial number and prefix letter designation, while vertical marginal panels repeat the denomination 伍拾 on both sides. A bottom legend records the Chinese Republic year of issue, with decorative corner rosettes and scrollwork framing the entire composition. |
|---|---|
| Obverse lettering | 東北銀行 伍拾圓 遼東 伍拾 中華民國三十四年印 |
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| Comments |
The Tung Pei Bank of China — the Northeast Bank — was established by the Chinese Communist Party in Manchuria in 1945, moving quickly to assert economic control over territory as Soviet forces withdrew and Nationalist-Communist competition for the region intensified. This note belongs to the earliest phase of that currency operation, before the Northeast had stabilized under any single administration.
The red color variant of the 50 Yuan is catalogued separately from the black-print issues of the same denomination, suggesting a deliberate press run distinction rather than a printing accident. Communist regional banks of this period frequently ran parallel issues in different ink colors to manage distribution across distinct administrative zones.