Catalog
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| Issuer | Bank of Joseon |
|---|---|
| Year | 1949 |
| Type | Standard circulation banknote |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | 券行銀鮮朝 錢五 行銀鮮朝 (Translation: Joseon banknote, 5 Chon, Bank of Joseon) |
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| Reverse lettering | 5 FIVE CHON 5 THE BANK OF KOREA |
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| Comments |
Bank of Joseon was the central bank of Japanese-administered Korea, and this note was printed in April 1945 — the final months of the Pacific War — yet carries a 1949 issue date. The four-year gap reflects the political chaos of liberation, US military administration, and the eventual partition of the peninsula; Joseon Bank notes continued circulating in the South under American occupation authority until the Bank of Korea replaced the institution in 1950.
The extreme small format was deliberate: low-denomination coins were essentially unavailable by 1945, and these notes substituted for metal currency that wartime Japan had long since melted down for munitions.