10 Yen

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.