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1000 Yen

Issuer Bank of Chōsen
Year 1945
Type Standard circulation banknote
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Obverse description Intaglio portrait of Kim Yoon-shik in traditional Korean dress at right, with a large floral rosette vignette at left. Central vertical inscription reads 千圓 (1000 Yen) flanked by 朝鮮銀行 (Bank of Chōsen) in vertical script. Intricate guilloche border frames the entire note.
Obverse lettering 朝鮮銀行
千圓
見本
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Comments

The Bank of Chōsen — Japan's colonial central bank for the Korean peninsula — issued this 1000 Yen note in the final weeks of the Pacific War. The denomination itself signals crisis: no routine economy requires a note of this face value, and the wartime inflationary spiral across Japan's occupied territories made high-denomination emergency issues necessary across the board in 1945.

When Soviet and American forces divided the peninsula in August 1945, Bank of Chōsen notes became a monetary fault line. The Soviets allowed continued circulation in the north briefly before suppressing them; in the south, the U.S. Military Government initially honored them, creating a chaotic redemption problem that persisted into 1946.

P#42 is among the rarest in the Chōsen series — printed but largely unreleased before the surrender.

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