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50 Hwan
| Issuer | Bank of Korea |
|---|---|
| Year | 1959-1961 |
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| Composition | Log in to see details |
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| Diameter | 22.86 mm |
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| Obverse description | The obverse features the large numeral '50' prominently in the center of the field, flanked on either side by decorative scrollwork in a traditional Korean arabesque style. The legend 'REPUBLIC OF KOREA' curves along the upper periphery in Latin characters. The date rendered in the Korean calendar era (Dangi) appears at the bottom of the field, below the decorative scrollwork. The entire design is framed by a beaded border running along the coin's rim. |
|---|---|
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| Reverse lettering | 오십환 한국은행 (Translation: Fifty Hwan Bank of Korea) |
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| Additional information |
South Korea introduced the Hwan in 1953 as a redenomination of the war-ravaged Won, replacing it at 100:1 in a bid to stabilize an economy shattered by the Korean War. The 50 Hwan was part of the first substantive coinage program the newly independent Bank of Korea could call its own. The Hwan itself proved short-lived — a 1962 currency reform abolished it entirely, again at 10:1, folding it into the new Won.
The 1959–1961 window means surviving examples saw at most three years of circulation before demonetization.