Catalog
50 Sen
| Issuer | Daiichi Bank (第一銀行, First National Bank of Japan) |
|---|---|
| Year | 1904 |
| Type | Standard circulation banknote |
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| Obverse description | Central vignette of two confronted peacocks and a pair of facing dragons arranged symmetrically within an ornate cartouche, all printed in olive-brown on a cream ground. The denomination panel in Chinese characters (金拾錢) appears above the central design, with the bank name 株式會社第一銀行 inscribed in a vertical panel below. The border consists of intricate guilloche scrollwork with floral corner ornaments, and the Japanese Meiji era date 明治三十七年發行 is printed along the lower margin. |
|---|---|
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| Reverse lettering | 號 の 券面ノ金額ハ在韓國各支店ニ於テ日本通貨ト引替申ス可ク候也 |
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Daiichi Bank — Japan's First National Bank — operated in Korea from 1878, decades before formal annexation, and its notes functioned as de facto currency across the peninsula during the Japanese commercial penetration of the region. This 50 Sen note dates to 1904, the year the Russo-Japanese War began, a conflict that accelerated Japan's financial and administrative control over Korea. Daiichi Bank notes circulated alongside, and increasingly displaced, Korean government-issued currency during this period.
The bank lost its note-issuing role in Korea in 1909 when the Bank of Korea was established to take over that function.