The Bank of Chosun — Japan's colonial central bank for Korea — issued this 10 Sen note as small-denomination paper currency became necessary when wartime metal demands stripped coinage from circulation. By the mid-1930s, copper and nickel were being redirected toward military production, and low-value paper filled the gap left by disappearing coins.
P#27 belongs to a series that saw heavy everyday use in Korean markets, and genuinely uncirculated survivors are less common than catalog frequency suggests. The notes were considered disposable by users and discarded accordingly.
The Bank of Chosun — Japan's colonial central bank for Korea — issued this 10 Sen note as small-denomination paper currency became necessary when wartime metal demands stripped coinage from circulation. By the mid-1930s, copper and nickel were being redirected toward military production, and low-value paper filled the gap left by disappearing coins.
P#27 belongs to a series that saw heavy everyday use in Korean markets, and genuinely uncirculated survivors are less common than catalog frequency suggests. The notes were considered disposable by users and discarded accordingly.