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10 Hwan

Issuer Bank of Korea
Year 1953
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Value 10 Hwan
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Reverse description The reverse is printed in violet and carries the bold English inscription "The BANK OF KOREA" across the upper portion in decorative lettering, set against a fine sunburst guilloche underprint. A central floral rosette medallion occupies the middle of the note. To the left, an octagonal panel bears the Chinese character denomination 圜拾, while to the right an oval cartouche contains the Korean script 십원. The legend "TEN WON" appears in a banner along the lower edge.
Reverse lettering The BANK OF KOREA 圜拾 십 원 TEN WON
(Translation: Ten Hwan, Ten Won)
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The hwan was introduced in February 1953 as a direct response to wartime hyperinflation, replacing the won at 1 hwan to 100 won. With the Korean War still active and domestic printing infrastructure destroyed or compromised, the Bank of Korea turned to the U.S. Bureau of Engraving and Printing — the same facility producing American Federal Reserve notes — to produce the series.

Pick 13 is among the earliest issues under the new currency regime. The armistice came in July 1953, just months after these notes entered circulation.

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