Catalog
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| Issuer | Bank of Korea |
|---|---|
| Year | 1966-1970 |
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| Composition | Log in to see details |
| Weight | 3.09 g |
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| Obverse description | Central design features the Geobukseon (Turtle Ship), the iconic ironclad warship employed by the Korean navy from the late 15th through the 19th century, rendered in left-facing profile view within a plain field. The vessel's distinctive armored shell-like superstructure and oar banks are depicted in stylized relief. The Hangul legend '한국은행' (Bank of Korea) appears above the ship, and the denomination '오원' (Five Won) is inscribed below, with the entire design framed by a beaded border. |
|---|---|
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| Reverse description | The reverse features a large, bold numeral '5' dominating the right portion of the field, serving as the primary denomination indicator. To the left, the issuing authority legend 'THE BANK OF KOREA' is inscribed in three stacked lines in Latin characters. The four-digit year of issue appears in the lower central field below the legend. The entire design is enclosed within a prominent beaded border running along the inner rim. |
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| Additional information |
South Korea's brass 5 Won was issued during a period of aggressive export-led industrialization under Park Chung-hee, whose military government had seized power in 1961. The coin's production window corresponds almost exactly with the First and Second Five-Year Economic Plans, when per-capita income was still under $200 and this denomination carried genuine purchasing power in daily transactions.
The series was eventually displaced as inflation eroded the 5 Won's utility through the 1970s.