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7 Chiao 5 Fen / 75 Cents Guangxua Shangdian
| Issuer | Guangxua Shangdian (光華商店), Shensi-Kansu-Ninghsia Border Area |
|---|---|
| Year | 1940 |
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| Value | 75 Cents |
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| Obverse description | Central oval vignette contains a rural landscape scene with figures in the foreground and a pagoda or tower visible on a hillside in the background, set within an ornate scrollwork frame. To the right, a large guilloche rosette carries the Chinese denomination characters 七角五分. Corner cartouches repeat the denomination, and the upper border carries the issuer name 光華商店代價券 in Chinese characters. The lower border bears the inscription 通用甘國幣 and the date 中華民國廿九年, printed in dark reddish-brown on plain paper. |
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| Obverse lettering | 光華商店代價券 七角五分 通用甘國幣 中華民國廿九年 |
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| Comments |
Guangxua Shangdian was a state-run cooperative store operating under the Chinese Communist Party's Border Region government in Yan'an. These notes were issued as trade scrip — essentially internal currency for transactions within the cooperative network — at a time when the Shensi-Kansu-Ninghsia Border Area was running a largely self-sufficient wartime economy under Nationalist blockade. The 1940 issue came during a period of acute shortage, when the Border Region was printing its own competing instruments across multiple issuing bodies simultaneously.
The fractional denomination is a practical relic of that scarcity: small-denomination scrip filled gaps that metal coinage could not.