Silver dollars of Chinese Soviet Republic Top 6 Facts

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Facts : 1 Silver dollars The predominant currency produced by the Central Mint was the silver dollar
Facts : 2 Unlike the bills and copper coins, the silver dollars had no communist symbols; they were a copy of silver dollars produced by other mints in China (including the popular coin with the head of Yuan Shikai and the eagle silver dollar of the Mexican peso)
Facts : 3 This, and the fact that the coin was made of silver, enabled them to be circulated in the rest of China; thus, it was the currency of choice
Facts : 4 When the Chinese Red Army s First Front began its Long March in October 1934, the communist bank was part of the retreating force; fourteen bank employees, over a hundred coolies and a company of soldiers escorted them with the money and mint machinery
Facts : 5 An important duty of the bank was, when the Chinese Red Army stayed in a location for longer than a day, to have the local populace exchange communist paper bills and copper coins for currency used in the nationalist-controlled regions to avoid prosecution by the nationalists after the communists left
Facts : 6 By the end of the Long March in October 1935, only eight of the original fourteen employees were left; the other six had died along the way