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10 Yen

Issuer Dai-Ichi Ginko Ltd. (First National Bank)
Year 1908
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Reference(s) P#12
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Obverse lettering 株式會社第一銀行
拾圓
大韓國一圓
見本
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Reverse lettering DAI-ICHI GINKO LIMITED
Promises to Pay the Bearer on Demand
TEN YEN
IN JAPANESE CURRENCY
AT ANY OF ITS BRANCHES IN COREA
10
TEN
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Comments

Dai-Ichi Ginko — Japan's First National Bank — operated in Korea under a quasi-central bank mandate before the Bank of Korea was formally established. This note circulated in Korea, not Japan proper, during a period when Tokyo was consolidating financial control over the peninsula ahead of formal annexation in 1910. The bank effectively functioned as a colonial monetary authority, issuing currency that displaced existing Korean instruments.

ABNC's New York engraving is characteristic of the firm's East Asian commissions from that period — high-quality intaglio work contracted out because no domestic Japanese printer could yet match the security printing standard required.

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