10 Yen

The Bank of Chosen was Japan's colonial central bank in Korea, and by 1944 it was functioning under severe wartime pressure — paper allocations were tightening, printing schedules were disrupted, and the note-issuing apparatus was increasingly subordinated to military finance needs. This series was produced domestically in Japan rather than through the prewar prestige printers, a shift that reflected both Allied naval interdiction of supply chains and Tokyo's tightening grip on colonial monetary operations.

Notes from this period circulated into the chaotic weeks following Japan's surrender in August 1945, when the Bank of Chosen briefly continued operating under U.S. and Soviet occupation authorities before the monetary system was forcibly restructured. High-denomination notes of this vintage were subject to conversion limits designed to prevent Japanese nationals from liquidating colonial holdings.