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5000 Yuan Maojgungs Liutungkyan
| Issuer | Maojeungs Liutungkyan (貿易公司流通券) |
|---|---|
| Year | 1947 |
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| Value | Log in to see details |
| Currency | Yuan (1912-1949) |
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| Obverse description | Vertical format printed in red. The upper portion carries a central vignette of a gateway or arch structure set within a rectangular frame with decorative border. The issuer's name and regional authority inscription appear at the top in Chinese characters, with a serial number (in blue or black) positioned above and below the vignette. The denomination 伍仟圓 (5000 Yuan) is rendered in large Chinese characters within a panel at the lower center, flanked by ornamental guilloche scrollwork, with two signature areas below. |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Vertical format printed in blue-grey. The upper portion bears a central vignette of a large public building or institutional facade with columns, enclosed within a decorative rectangular frame with ornamental corner devices and guilloche border. The text 'MAOJEUNGS LIUTUNGKYAN' appears in a banner across the top of the vignette panel. The numeral '5000' is displayed in large bold figures within a scrollwork panel at the lower center, with additional decorative elements at corners and bottom. |
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| Comments |
The term "Liutungkyan" (流通券) translates loosely as "circulation coupon" — a category of private commercial scrip issued by trading companies in Republican-era China rather than by any formal banking authority. The issuer here, a trading company rather than a provincial or nationalist bank, was operating in the chaotic monetary environment of 1947, when hyperinflation under the Nationalist government was accelerating rapidly and regional and commercial scrip filled gaps left by currency that was losing value faster than it could be printed.
Pick S3647 places this within the broader "S" supplemental series for Chinese local and commercial issues, a category that remains incompletely documented.