Catalog
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| Issuer | Bank of Korea |
|---|---|
| Year | 1966-1967 |
| Type | Standard circulation coin |
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| Currency | Log in to see details |
| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse script | Hangul |
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| Reverse description | The reverse displays a large, bold numeral '1' dominating the right portion of the field, serving as the principal denomination indicator. To the left of the numeral, the Latin legend 'THE BANK OF KOREA' is inscribed in four stacked lines, with the date '1967' appearing below in the lower left field. The design is stark and typographic in character, with no additional ornamentation, set within a plain raised rim. |
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| Additional information |
This brief brass issue was discontinued after just two years when South Korea undertook a currency reform that shifted the 1 Won to aluminum — a change driven not by monetary policy but by raw material costs. The brass composition made the coin worth more as metal than as currency almost immediately after issue, an accelerating problem as Korean industrialization drove up domestic demand for copper and zinc alloys through the mid-1960s.