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5 Yen

Issuer Dai-Ichi Ginko (First National Bank of Japan)
Year 39 (1906)
Type Standard circulation banknote
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Obverse lettering 大韓國公庫 一齊銀行 五圓
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Reverse lettering DAI-ICHI GINKO
Promises to Pay the Bearer on Demand
FIVE YEN
in Japanese Currency
AT ANY OF ITS BRANCHES IN KOREA
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Comments

Dai-Ichi Ginko — the First National Bank of Japan — had a peculiar legal foothold in Korea from 1902 onward, operating as a quasi-central bank there before any formal colonial apparatus existed. This 5 Yen note, dated Meiji 39 (1906), was part of that arrangement: the bank issued currency in Korea under a concession from the Japanese government, effectively displacing Korean monetary instruments in advance of annexation. When the Bank of Korea was established in 1909, Dai-Ichi Ginko's notes were withdrawn and exchanged, making survivors scarcer than raw issue figures might suggest.

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