Catalog
5 Yen
| Issuer | Dai-Ichi Ginko (First National Bank of Japan) |
|---|---|
| Year | 1906 |
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| Reference(s) | P#9A |
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|---|---|
| Obverse lettering | 원 오 大韓國金厙 第一銀行 券面の金額り在韓国各支店ふ於て日本通貨と引替可申候也 五圓 (Translation: Five Won, Currency of the Korean Empire, Daiichi Bank, The amount of the face value can be exchanged with Japanese currency at each branch in Korea, Five Yen) |
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| Reverse lettering | DAI-ICHI GINKO LD. Promises to Pay the Bearer on Demand FIVE YEN in Japanese Currency AT ANY OF ITS BRANCHES IN COREA. 此券面金額은在韓国各支店에셔日本通貨를가지고兌換홈 (Translation: The amount of the face value can be exchanged with Japanese currency at each branch in Korea.) |
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| Comments |
Dai-Ichi Kokuritsu Ginko — the First National Bank — was not a central bank but a private commercial institution operating under the National Bank Act of 1872, modeled closely on the American national banking system. It held the unusual distinction of being Japan's first Western-style joint-stock bank, and its note issues circulated alongside those of dozens of other national banks before the Bank of Japan consolidated monetary authority in the 1880s. By 1906 these notes had long lost their status as legal tender for most purposes.
The print date of April 1945 almost certainly reflects a later reprinting or archival reproduction, not original circulation stock — the issuing bank itself had ceased note-issuing functions decades earlier.