Catalog
5 Yen
| Issuer | Dai-Ichi Ginko Ltd. (First National Bank) |
|---|---|
| Year | 1908 |
| Type | Standard circulation banknote |
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| Obverse description | The obverse is printed in dark olive-green and black intaglio on cream paper, with large Korean characters 五圓 (Five Yen) at center within an ornate floral cartouche, flanked by a blank oval reserve on the left and an intaglio vignette of Namdaemun (South Gate, Seoul) on the right. The bank title in Chinese characters 株式會社一第銀行 runs along the top, with serial number panels and the denomination 오 원 (Five Won) repeated in the left and upper margins. Red overprint characters appear across the face, indicating a cancelled or specimen status, and the English inscription FIVE YEN appears in the lower right area. |
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| Obverse lettering | 株式會社一第銀行 오 원 五圓 FIVE YEN 見第五弐七番 大韓國金庫 光武九年 |
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Dai-Ichi Ginko — Japan's First National Bank — operated in Korea under Japanese imperial patronage from 1878, effectively functioning as a colonial central bank well before formal annexation in 1910. These notes circulated in Korea, not Japan proper, serving as the de facto currency of the peninsula during the protectorate period following the Japan-Korea Treaty of 1905.
Pick 11 is among the more elusive of the Dai-Ichi Ginko Korean issues. The bank's note-issuing authority was transferred to the Bank of Korea in 1909, making this 1908 date one of the last emissions before that institutional handover.