Collection PL

China 1924 — Dihua Official Coin Bureau 40 Wen Textile Emergency Issue (Pick Unlisted)

This 40 wen textile banknote represents a formally authorized emergency issue produced in 1924 by the Dihua Official Coin Bureau during a period of acute monetary disruption in Xinjiang. Faced with shortages of paper currency, disrupted transport routes, and limited access to centralized printing facilities, local authorities adopted cloth as an alternative monetary substrate to sustain everyday economic activity. The note was printed on coarse red cotton using traditional woodblock techniques, a method well suited to decentralized production and durable circulation under harsh regional conditions. ... Read more →

Russia 1920 — Armed Forces of South Russia 100,000 Rubles Treasury Bill (November Issue, Pick S431c)

Six-percent short-term Treasury bill for 100,000 rubles issued by the Government Treasury of the Armed Forces of South Russia during the final phase of the Russian Civil War. This is the November 15, 1920 payable issue (Pick S431c), printed after General Pyotr Wrangel transferred the White administration to Crimea. The note follows the classical Imperial layout: bilingual Russian–French legends, the double-headed eagle in an ornate oval cartouche at left, and a formal typographic bond structure intended to signal continuity with pre-1917 state finance. ... Read more →

China 1945 — Soviet Red Army Headquarters 100 Yuan Issued Note, Revalidated 1946 (Pick M36)

An issued 100 yuan banknote produced in 1945 under the authority of the Soviet Red Army Headquarters during the closing phase of the Second World War, later officially revalidated in 1946. Catalogued as Pick M36, this note forms part of the provisional monetary system established by Soviet military administration in northeastern China following the collapse of Japanese control in Manchuria. Currency issued by the Soviet Red Army Headquarters functioned within a command-level financial structure designed to support military logistics, civilian transactions, and administrative continuity in occupied territory. ... Read more →

United States 1933 — Any City, U.S.A. City and County Scrip Five Dollars Specimen (Generic Municipal Master Form)

This specimen represents a generic City and County municipal scrip master form, dated Series of 1933 and denominated Five Dollars, produced during the most acute phase of the Great Depression. Explicitly designated for use by ANY CITY, U.S.A., the instrument was not issued by a specific municipality but instead functioned as a standardized template intended for rapid adoption by multiple cities and counties facing severe liquidity collapse. During the banking crisis of 1933, municipalities across the United States encountered simultaneous failures of cash circulation, delayed tax receipts, and restricted access to credit markets. ... Read more →