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5 Chon
| Issuer | Bank of Joseon |
|---|---|
| Year | 1949 |
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| Value | 5 Chon (0.05) |
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| Obverse description | Printed in red on a light cream ground, the obverse is framed by an ornate guilloche border with floral and scroll motifs at the corners. The central field carries the Chinese denomination numeral 五 (five) flanked by a rosette underprint, with the circular Bank of Joseon seal positioned to the left. The issuer title in Chinese characters runs across the top cartouche, with additional Korean script inscriptions along the left margin. |
|---|---|
| Obverse lettering | 券行銀鮮朝 錢五 行銀鮮朝 (Translation: Joseon banknote, 5 Chon, Bank of Joseon) |
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| Comments |
Bank of Joseon was the central bank of Japanese-administered Korea, and this note was printed in April 1945 — the final months of the Pacific War — yet carries a 1949 issue date. The four-year gap reflects the political chaos of liberation, US military administration, and the eventual partition of the peninsula; Joseon Bank notes continued circulating in the South under American occupation authority until the Bank of Korea replaced the institution in 1950.
The extreme small format was deliberate: low-denomination coins were essentially unavailable by 1945, and these notes substituted for metal currency that wartime Japan had long since melted down for munitions.