Catalog
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| Issuer | Bank of Korea |
|---|---|
| Year | 1966-1970 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Brass (88% Copper, 12% Zinc) |
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| Obverse description | Log in to see details |
|---|---|
| Obverse script | Hangul |
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| Edge | Plain |
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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.