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1000 Won

Issuer Bank of Joseon
Year 1950
Type Standard circulation banknote
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Reverse description Printed entirely in pale blue, the reverse centres on a large 千圓 denomination inscription surrounded by radiating guilloche lines. Cherry blossom sprays occupy the right side, while the issuer's name in Chinese characters is arranged across the upper portion. Numeral 1000 panels appear at upper left, upper right, and lower centre within decorative cartouches, and the manji (卍-derived) ornamental symbols appear at lower left and right corners.
Reverse lettering 朝鮮銀行券 千 圓 1000
(Translation: Bank of Joseon note, One Thousand Won)
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Comments

The Bank of Joseon's 1000 Won (Pick 3) was printed on 30 April 1945 — the final days of Japanese imperial rule on the peninsula — but not issued until 1950, after the Republic of Korea had already been established and the Korean War had begun. The five-year gap between printing and circulation is the central fact about this note. Japan's surrender in August 1945 left enormous quantities of pre-liberation Joseon Bank stock in limbo, and the newly divided peninsula's monetary chaos meant some of that old paper eventually reentered use out of sheer necessity.

The 1950 issue date coincides almost exactly with the North Korean invasion of June that year, and wartime inflation quickly rendered high denominations like this one functionally inadequate within months of release.

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