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1 Yang Yi Hyong
| Issuer | Korea |
|---|---|
| Year | 1893 |
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| Currency | Kingdom of Joseon - Yang (1892-1897) |
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| Obverse description | Central device features two confronted dragons rendered in high relief, their sinuous bodies intertwined within an inner beaded border. The Hangul denomination '한량' and Latin 'I YANG' appear in the lower field, flanking and below the dragon group. Chinese characters reading '朝鮮' (Joseon/Korea) appear to the left and '開國五百二年' (Gaeung year 502, i.e. 1893) are distributed around the upper portion of the legend, separated by raised dots. The design is enclosed between an inner beaded circle and an outer toothed milled border, giving the coin a distinctly East Asian imperial character consistent with late Joseon modernisation coinage. |
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| Reverse script | Chinese |
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| Additional information |
Korea's first domestically struck machine-made coinage, this issue emerged from the Incheon mint established in 1883 with Japanese technical assistance — a politically loaded arrangement given Japan's accelerating encroachment on the peninsula. The 1893 date places this piece in the final decade of the Joseon dynasty, as the court lurched between Chinese, Japanese, and Russian spheres of influence, each pressing competing monetary and administrative models onto Korean institutions.
The mint itself operated only intermittently, and early production runs were small.