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5 Won

Issuer Bank of Joseon
Year 1949
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Value 5 Won
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Obverse lettering 券行銀鮮朝 5  朝 五   鮮 圎   銀   行
(Translation: Joseon banknote, Five Won Bank of Joseon)
Reverse description The back is printed in red-purple on a light guilloche underprint. A central intaglio vignette presents the headquarters building of the Bank of Joseon, rendered as a grand European-style structure with domed towers and flanking wings set within an ornamental frame. The numeral '5' appears at the left and a cipher ornament at the right, while the bank title in Chinese characters is inscribed across the upper border within a decorative panel. Elaborate foliate scrollwork borders surround the entire composition.
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Comments

The Bank of Joseon — the central bank originally established under Japanese colonial administration in 1909 — continued operating after liberation in August 1945, issuing notes under its existing institutional name while Korea's postwar political status remained unresolved. This 5 Won belongs to a series printed in April 1945, before the surrender, but held and released under the U.S. Military Government as emergency currency after the peninsula's division along the 38th parallel.

The gap between printing date and catalog year reflects the chaotic transition period directly. Notes from this series circulated alongside Japanese yen and earlier colonial issues well into 1946.

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