10 Yen

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.