The P#48 series was introduced as part of a broader redesign effort in the early 1980s that followed South Korea's political turbulence after Park Chung-hee's assassination in 1979. The notes were produced entirely domestically by KOMSCO — a deliberate policy shift away from the earlier reliance on foreign security printers that had supplied earlier Korean issues.
Watermarking was the sole anti-counterfeiting measure on this type, a limitation that prompted a more security-intensive redesign within the decade.
The P#48 series was introduced as part of a broader redesign effort in the early 1980s that followed South Korea's political turbulence after Park Chung-hee's assassination in 1979. The notes were produced entirely domestically by KOMSCO — a deliberate policy shift away from the earlier reliance on foreign security printers that had supplied earlier Korean issues.
Watermarking was the sole anti-counterfeiting measure on this type, a limitation that prompted a more security-intensive redesign within the decade.