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1000 Won
| Issuer | Bank of Joseon |
|---|---|
| Year | 1950 |
| Type | Standard circulation banknote |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | 朝鮮銀行券 千 圓 朝鮮銀行 (Translation: Bank of Joseon note, One Thousand Won, Bank of Joseon) |
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| Reverse lettering | 朝鮮銀行券 千 圓 1000 (Translation: Bank of Joseon note, One Thousand Won) |
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| Comments |
The Bank of Joseon's 1000 Won (Pick 3) was printed on 30 April 1945 — the final days of Japanese imperial rule on the peninsula — but not issued until 1950, after the Republic of Korea had already been established and the Korean War had begun. The five-year gap between printing and circulation is the central fact about this note. Japan's surrender in August 1945 left enormous quantities of pre-liberation Joseon Bank stock in limbo, and the newly divided peninsula's monetary chaos meant some of that old paper eventually reentered use out of sheer necessity.
The 1950 issue date coincides almost exactly with the North Korean invasion of June that year, and wartime inflation quickly rendered high denominations like this one functionally inadequate within months of release.