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10 Yen

Issuer Dai-Ichi Ginko (First National Bank of Japan)
Year 1902-1904
Type Standard circulation banknote
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Obverse lettering 10 YEN
拾圓
株式會社第一銀行
見本
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Reverse lettering Dai-Ichi Ginko Ld.
Promises to Pay the Bearer on Demand
TEN YEN
IN JAPANESE CURRENCY
AT ANY OF ITS BRANCHES IN COREA.

見本
此券面金額は在韓国各支店에付換지고兌換할日本通貨분外
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Comments

Dai-Ichi Ginko — the First National Bank — occupied a peculiar position in Japanese monetary history: it functioned as a quasi-central bank in Korea from 1902 onward, and notes from this series circulated on the Korean peninsula as the de facto currency before the establishment of the Bank of Korea in 1909. Whether a given example saw use in Japan proper or across the strait in Korea is rarely determinable from the note alone.

The series is scarce in any grade. Most surviving examples appear to have come from archival sources rather than active circulation hoards.