Catalog
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| Issuer | Bank of Chōsen |
|---|---|
| Year | 1945 |
| Type | Standard circulation banknote |
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| Obverse description | Intaglio portrait of Kim Yoon-shik in traditional Korean dress at right, with a large floral rosette vignette at left. Central vertical inscription reads 千圓 (1000 Yen) flanked by 朝鮮銀行 (Bank of Chōsen) in vertical script. Intricate guilloche border frames the entire note. |
|---|---|
| Obverse lettering | 朝鮮銀行 千圓 見本 |
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| Comments |
The Bank of Chōsen — Japan's colonial central bank for the Korean peninsula — issued this 1000 Yen note in the final weeks of the Pacific War. The denomination itself signals crisis: no routine economy requires a note of this face value, and the wartime inflationary spiral across Japan's occupied territories made high-denomination emergency issues necessary across the board in 1945.
When Soviet and American forces divided the peninsula in August 1945, Bank of Chōsen notes became a monetary fault line. The Soviets allowed continued circulation in the north briefly before suppressing them; in the south, the U.S. Military Government initially honored them, creating a chaotic redemption problem that persisted into 1946.
P#42 is among the rarest in the Chōsen series — printed but largely unreleased before the surrender.