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1 Yen
| Issuer | Bank of Chosen |
|---|---|
| Year | 1945 |
| Type | Standard circulation banknote |
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| Obverse description | Printed in black on white paper, the obverse carries a central oval intaglio vignette of an elderly bearded man in traditional headwear, positioned to the right. The large Chinese character denomination 壹圓 appears to the left of the portrait, flanked by ornate corner vignettes bearing the numeral 1. At upper center, the issuer's name in Chinese characters 朝鮮銀行 is inscribed, with additional Japanese text legends across the note. A red circular seal of the Bank of Chosen is applied to the lower left. |
|---|---|
| Obverse lettering | 朝鮮銀行券 壹圓 此券引換壹圓ニ應スベキ日本銀行券ヲ発行ス 朝鮮銀行 {2} |
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| Comments |
The Bank of Chosen was Japan's colonial central bank for Korea, and this 1945 issue was printed under conditions of severe wartime resource pressure — paper quality and printing precision declined markedly across late-war Japanese currency production. The Government Printing Bureau in Tokyo was simultaneously servicing military scrip, home islands currency, and occupation notes for multiple theatres, and it shows.
After Japan's surrender in August 1945, these notes remained in circulation briefly in the peninsula before Soviet and American occupation authorities each introduced their own replacement currencies. Notes printed this late were often released with minimal quality control and are frequently found with ink inconsistencies.