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100 Won 17th Issue

Issuer Government of the Republic of Korea
Year 1963
Type Vouchers
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Obverse lettering 大韓民國政府
壹百원
五分利建國國債證書
第拾七回
財務部長官
西紀一九六三年度發行
(Translation: Government of the Republic of Korea
100 Won
5% National Reconstruction Bond Certificate
Issue No. 17
Minister of Finance
Issued in 1963)
Reverse description Plain light ground in blue-green letterpress, carrying two tabular schedules within a decorative guilloche border. The upper table sets out the five annual principal repayment tranches from 1966 to 1970, each at two-tenths of the issued amount. The lower table lists the corresponding cumulative interest payments due on each repayment date.
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Comments

The 17th Issue 100 Won appeared during a particularly unstable stretch of South Korean monetary history — the military government under Park Chung-hee had seized power in 1961 and pushed through a currency reform that same year, redenominating the Hwan at 10:1 to create the new Won. This note, issued two years into that reform, reflects the government's effort to establish the credibility of a currency that had no peacetime track record and was still regarded with deep public skepticism.

Production by the Korea Minting and Security Printing Corporation marked a deliberate move toward domestic printing self-sufficiency, breaking from earlier dependence on foreign security printers.

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