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500 Cash Southeast Hupeh Worker's, Farmer's, and Soldier's Bank

Issuer Southeast Hupeh Worker's, Farmer's, and Soldier's Bank
Year 1931
Type Standard circulation banknote
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Obverse description The central vignette presents a five-pointed star with a hammer and sickle device at centre, flanked on either side by a lobed cartouche bearing the denomination in Chinese characters (伍佰文). The bank name and date (一九三一) appear in vertical columns of Chinese characters above and below the central motif, with a serial number printed in red at the upper portion of the note.
Obverse lettering 鄂東南工農兵銀行 伍佰文 一九三一
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The Southeast Hupeh Worker's, Farmer's, and Soldier's Bank was one of several Soviet-area financial institutions established by the Chinese Communist Party in the Hubei–Henan–Anhui (E-Yu-Wan) border region during the early 1930s. These banks existed to finance Red Army operations and regulate exchange within Communist-controlled territory — their notes were worthless outside soviet zones and actively suppressed by Nationalist forces.

The cash denomination places this squarely in a regional copper-cash tradition, bridging pre-Republican monetary customs and revolutionary expediency. Notes from this issuer are rare survivors; Nationalist military campaigns through the region by 1932 effectively destroyed both the bank and most of its circulating paper.

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