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50 Sen

Issuer Daiichi Bank (第一銀行, First National Bank of Japan)
Year 1904
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Currency Korean Empire - Won (1902-1910)
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Reverse description Plain cream ground bearing a large central medallion of fine lace-pattern guilloche in blue-grey, composed of radiating floral and star rosettes. Four circular seal impressions in red appear at the lower left and lower right corners. A brief vertical Japanese text inscription is centered within the medallion, and a series notation 號 with the hiragana character の appears at the upper portion of the note.
Reverse lettering 號 の 券面ノ金額ハ在韓國各支店ニ於テ日本通貨ト引替申ス可ク候也
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Comments

Daiichi Bank — Japan's First National Bank — operated in Korea from 1878, decades before formal annexation, and its notes functioned as de facto currency across the peninsula during the Japanese commercial penetration of the region. This 50 Sen note dates to 1904, the year the Russo-Japanese War began, a conflict that accelerated Japan's financial and administrative control over Korea. Daiichi Bank notes circulated alongside, and increasingly displaced, Korean government-issued currency during this period.

The bank lost its note-issuing role in Korea in 1909 when the Bank of Korea was established to take over that function.

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