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10 Yen = 10 Won
| Issuer | Bank of Chosen - US Army Administration |
|---|---|
| Year | 1946 |
| Type | Log in to see details |
| Value | 10 Won |
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|---|---|
| Obverse lettering | 朝鮮銀行券 朝鮮銀行 拾圓 10 |
| Reverse description | The reverse is rendered in monochrome grey-black with a symmetrical guilloche border incorporating floral corner ornaments and a rosette at top centre. A detailed intaglio vignette of the Bank of Chosen headquarters building occupies the central field, set against a lightly shaded sky. The bank name 朝鮮銀行券 is inscribed in kanji at the upper portion of the central panel, with the denomination numeral 10 at lower left and the kanji 拾 at right. |
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| Comments |
Printed by the BEP in Washington and issued under US Army Military Government in Korea following Japan's surrender, this note bridges two monetary systems in its very name — the dual denomination reflecting the administrative awkwardness of dismantling a colonial currency while the new order had not yet decided what would replace it. The Bank of Chosen itself was a Japanese colonial institution; the Americans simply kept it running rather than create a new authority from scratch.
The won and yen were at parity, so the bilingual face was a practical concession to a population that had used both terms interchangeably under occupation.