Catalog
1000 Won
| Issuer | Bank of Korea |
|---|---|
| Year | 1952-1953 |
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| Value | 1000 Won |
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|---|---|
| Obverse lettering | 韓國銀行券 千圎 韓國銀行 천 원 (Translation: Korean banknotes, One Thousand Won, Bank of Korea, One Thousand Won) |
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| Reverse lettering | THE BANK OF KOREA 천 원 ONE THOUSAND WON (Translation: One Thousand Won) |
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| Comments |
This note was issued during the Korean War, when the Bank of Korea was operating under extraordinary fiscal pressure — the government had already triggered a currency crisis in 1950 by printing uncontrolled quantities of hwan to cover wartime expenditure. The 1952–1953 series was part of a broader effort to restore some structural credibility to Korean paper currency, though inflation had already badly eroded public confidence in high-denomination notes.
Printing domestically at Daejeon during active wartime operations was itself a logistical achievement. Earlier wartime issues had required foreign printing assistance.