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500 Yuan Maogungs Liutungkyan
| Issuer | Northwest China Liberated Area - Maogungs Liutungkyan (Trade Bureau) |
|---|---|
| Year | 1945 |
| Type | Log in to see details |
| Value | 500 Yuan |
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| Composition | Log in to see details |
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| Obverse description | Vertical format printed in orange-red on white paper. Central vignette presents a panoramic view of the Great Wall of China. Serial number appears twice, at top and bottom center, with two manuscript signatures flanking the lower denomination inscription 伍百圓 (Five Hundred Yuan); decorative border frames the entire note. |
|---|---|
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| Reverse description | Log in to see details |
| Reverse lettering | 500 此奉业经庆甘平边区政府批准行业师若全边境内所有纳税 交易遵照一律通用 此券适用甘平边区一银行兑换陕甘边 贸易流通业公司发行伍百元兑现限甘边 南北两省规定西北上庐先华福本公司加入兑学现银行公司 旨其所属西北上庐先华福公司加入联银行总分支行 办得其公司部汪广贸卖所由自余行总分支 及其所代理 |
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| Comments |
The Northwest China Liberated Areas produced a bewildering number of regional trade bureau notes during the final years of the civil conflict, each tied to specific administrative zones rather than a unified monetary authority. Maogungs Liutungkyan — roughly translatable as a trading and circulation bureau — was one of the local organs empowered to issue scrip to facilitate commerce within its jurisdiction, insulating CCP-controlled territory from Nationalist currency and inflation.
1945 was the pivot year: Japan's surrender in August collapsed existing trade networks overnight, forcing rapid monetary improvisation across the northwest. Notes from this bureau are genuinely uncommon in any grade; regional scrip of this type was often withdrawn and destroyed once the People's Bank consolidation began after 1948.