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100 Mun Ho

Issuer Treasury Department (Hojo), Kingdom of Joseon
Year 1866-1867
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Value 100 Mun (0.1)
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Reverse description Cast copper reverse featuring four Chinese characters arranged in cruciform formation around the central square hole. Reading clockwise from the top: 户 (top), 當 (right — indicating the denomination 當百, 'worth one hundred'), 大 (bottom), 百 (left), collectively identifying both the issuing office (户, the Treasury/Hojo) and the face value (當百, equivalent to 100 mun). The characters are cast in bold relief within a wide, flat rim consistent with the obverse, and the overall workmanship reflects standard Joseon Treasury mint production of the 1866–1867 period.
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Mint 户 Treasury Department (户曹 (Hojo)), modern-day Seoul, South Korea (1678-1883)
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Additional information

Issued to fund the reconstruction of Gyeongbokgung Palace, ordered by the Heungseon Daewongun following its destruction during the Imjin War some two and a half centuries earlier, this coin was an emergency fiscal measure rather than a routine monetary issue. The face value of 100 mun — grossly inflated relative to the standard one-mun cash coins already in circulation — triggered immediate economic disruption. Merchants refused it at face value, the public hoarded conventional coinage, and rampant inflation followed within months. Production was halted by 1867, less than a year after striking began.

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