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10 Won

Issuer Bank of Joseon
Year 1949
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Value 10 Won
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Reverse description The reverse is engraved in fine intaglio line work on a pale ground, centred on a detailed vignette of the Bank of Joseon headquarters building, a grand Neo-Renaissance structure with a domed central tower flanked by symmetrical wings. Ornate scrollwork and floral cartouches frame the design on all sides, with the numeral '10' in the lower-left corner and the Chinese character 拾 at the right. The bank title 朝鮮銀行 is inscribed in a panel at the upper centre above the building vignette.
Reverse lettering 朝鮮銀行

10
(Translation: Bank of Joseon / Ten / 10)
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The Bank of Joseon was the colonial-era central bank established under Japanese administration in 1909, and it continued issuing notes under its own name into the early years of the divided peninsula. This 10 Won belongs to a series printed in April 1945 — the final months of Japanese rule — but not released until 1949, by which point Korea had been liberated and partitioned. The South Korean authorities had little else to fall back on immediately, and inherited colonial-era printing stock filled the gap.

The four-year lag between printing date and issue year is the essential fact here. Pick lists it under the Bank of Joseon's post-liberation South Korean issues, but the paper itself predates the Republic of Korea's founding by months.

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