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1 Yen
| Issuer | Dai-Ichi Ginko Ltd. (First Bank of Japan) |
|---|---|
| Year | 1907 |
| Type | Standard circulation banknote |
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| Reverse description | The reverse is printed in red on a light ground, with the bank name DAI-ICHI GINKO LTD. in bold roman lettering across the upper portion. A central oval guilloche medallion is flanked by the denomination numeral 1 at left and a decorative panel of Korean and Chinese script at right. The text Promises to Pay the Bearer on Demand / ONE YEN / IN JAPANESE CURRENCY / at any of its Branches in Corea is inscribed in script and letterpress, with a cartouche of multilingual text and two circular chop seals in the lower right quadrant. |
| Reverse lettering | DAI-ICHI GINKO LTD. Promises to Pay the Bearer on Demand ONE YEN IN JAPANESE CURRENCY at any of its Branches in Corea 此券은在韓日本各店通換외 兌換 |
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Dai-Ichi Kokuritsu Ginko — the First National Bank — occupied a peculiar position in Meiji-era finance: it was a private joint-stock bank granted quasi-central-bank authority to issue convertible notes, a function it exercised from 1873 until the Bank of Japan absorbed that role in 1883. This 1907 note comes from the bank's later commercial phase, issued under its reorganized identity after losing note-issuing privilege, which makes its continued circulation as a private banknote an administrative curiosity of the transitional period.
Pick 10 is among the scarcer survivors of the series, as most privately issued Japanese paper from this period was systematically retired and pulped.