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500 Yuan Farmer's Bank of Northwest China
| Issuer | Farmer's Bank of Northwest China (西北農民銀行) |
|---|---|
| Year | 1945 |
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| Currency | Yuan (1935-1946) |
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| Obverse description | Blue-grey letterpress print on plain paper. The central vignette is divided into two panels: at left, a seated agricultural figure set against a stylised field background, and at right, a group of sheep grazing. The denomination 伍百圓 (500 Yuan) appears in the centre within a decorative guilloche rosette, flanked by serial number panels. The bank title 西北農民銀行 is inscribed along the top, with the date 中華民國三十四年 (Republic of China Year 34, 1945) at the foot. Corner cartouches carry the denomination numerals 伍百, and two red seal impressions appear in the lower centre. |
|---|---|
| Obverse lettering | 西北農民銀行 伍百圓 中華民國三十四年 伍百 |
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| Comments |
The Farmer's Bank of Northwest China was established in 1940 under the authority of the Shaanxi-Gansu-Ningxia Border Region government — the Communist-administered territory centered on Yan'an. It functioned as the monetary institution for that base area, issuing currency in direct competition with both Nationalist Fabi and Japanese puppet money circulating in occupied zones. The 500 Yuan denomination reflects the inflationary pressures hitting all Chinese currency systems by 1945, though the Border Region economy remained partially insulated by its semi-autarkic structure.
Printing resources in Yan'an were severely limited, and notes from this bank typically show comparatively crude production relative to Nationalist-issued currency of the same period. That roughness is a feature of wartime frontier printing, not deterioration.