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5000 Won

Issuer Bank of Korea
Year 2002
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Currency New won (1962-date)
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Reverse description Vignette of Ojukheon Residence in Gangneung, the oldest surviving wooden residential structure in Korea and the birthplace of Yul Gok, set within a landscape composition. The building is rendered in fine-line intaglio engraving, with the denomination and issuing bank's name inscribed in Roman lettering below. The design evokes the cultural and historical significance of the site as the natal home of the scholar portrayed on the obverse.
Reverse lettering THE BANK OF KOREA 5000 WON
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P#51 is the third design iteration of the 5,000 Won note, introduced as part of a broader series refresh that also updated the 1,000 and 10,000 Won denominations. By 2002, Korea Minting and Security Printing Corporation had operated its Daejeon facility for over two decades, having absorbed the note-printing function previously handled in Seoul — the move itself a deliberate policy to disperse sensitive production infrastructure outside the capital.

The watermark remains the primary security feature listed for this issue, modest by the standards of contemporaneous high-denomination notes from other central banks. A significantly more secure polymer-substrate and multi-feature redesign of the 5,000 Won followed in 2006.