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500 Yuan Bank of Shansi, Chahar, & Hopei
| Issuer | Bank of Shansi, Chahar & Hopei |
|---|---|
| Year | 1946 |
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| Value | Log in to see details |
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| Shape | Rectangular |
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|---|---|
| Obverse lettering | 晉察冀邊區銀行 伍佰圓 中華民國三十五年 |
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| Reverse lettering | BANK OF SHANSI CHAHAR & HOPEI 500 FIVE HUNDRED YUAN 1946 |
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| Comments |
The Bank of Shansi, Chahar & Hopei was a communist-administered regional bank established by the Jin-Cha-Ji Border Region government — one of several anti-Japanese guerrilla base areas that developed their own currency systems entirely outside Nationalist control. By 1946, with the war against Japan over, the real contest was the civil war, and border region banks were aggressively issuing high-denomination notes to finance military operations and manage the inflationary pressure that came with it.
The 500 Yuan denomination reflects how badly inflation had eroded purchasing power in the region by this point. Notes from this bank are frequently encountered with heavy circulation wear — they were working currency in an active war zone, not reserve holdings.