Catalog
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| Issuer | Bank of Korea |
|---|---|
| Year | 1970-1982 |
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| Reference(s) | KM#5a, Schön#55a |
| Obverse description | Central device depicts the Geobukseon (Turtle Ship), the iconic armoured naval vessel employed by the Korean navy from the late 16th century, rendered in profile view within the field. The Hangul legend 한국은행 (Bank of Korea) appears to the upper right and the denomination 오원 (Five Won) to the lower left. A beaded border frames the entire design. |
|---|---|
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| Reverse lettering | THE BANK OF KOREA 5 1972 |
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| Additional information |
South Korea's brass 5 Won replaced an earlier cupro-nickel version as part of a broader rationalization of the coinage in the early 1970s. The shift to brass reflected both cost pressures and the practical realities of a rapidly industrializing economy that was consuming base metals at an extraordinary rate. Low-denomination coins of this period circulated heavily and survivors in uncirculated condition are scarcer than mintage figures suggest.