The 1962 series marked South Korea's transition away from the Hwan back to the Won, redenominated at 10 Hwan to 1 Won following the military government's currency reform of June that year. De La Rue supplied printed sheets to Seoul during a period when domestic printing capacity was insufficient for a full currency changeover on short notice — the reform itself was announced and implemented within days, leaving little time for preparation.
Pick 32 is the lower-denomination workhorse of that reform series. Heavy circulation wear is the norm; survivors in anything above Fine are genuinely uncommon for this value.
The 1962 series marked South Korea's transition away from the Hwan back to the Won, redenominated at 10 Hwan to 1 Won following the military government's currency reform of June that year. De La Rue supplied printed sheets to Seoul during a period when domestic printing capacity was insufficient for a full currency changeover on short notice — the reform itself was announced and implemented within days, leaving little time for preparation.
Pick 32 is the lower-denomination workhorse of that reform series. Heavy circulation wear is the norm; survivors in anything above Fine are genuinely uncommon for this value.