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10 Yen = 10 Won

Issuer Bank of Chosun
Year 1946
Type Standard circulation banknote
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Obverse description Portrait vignette of Kim Yoon-shik in traditional Korean dress and official headgear to the right, with the large numeral '10' in an oval cartouche to the left and the Chinese character 拾圓 at centre. The bank title 朝鮮銀行券 is inscribed at upper right in vertical script, and a red circular seal of the Bank of Chosun appears at lower left beneath a smaller 朝鮮銀行 inscription. The border consists of an ornate guilloche frame with floral corner ornaments.
Obverse lettering 朝鮮銀行券
拾圓
朝鮮銀行
10
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Comments

The Bank of Chosun's postwar 10 Yen/Won notes occupy an awkward transitional moment: Japan had surrendered in August 1945, but Korea's monetary infrastructure didn't shift overnight. This series bridged the Japanese colonial currency system and whatever would come next — which, as it turned out, depended entirely on which side of the 38th parallel you were on. The dual denomination inscription reflects genuine institutional uncertainty about which unit of account would prevail.

Soviet and American occupation authorities both accepted and in some cases overprinted Chosun Bank notes, making provenance and circulation geography difficult to establish for individual specimens.