1 Hwan

1 Hwan -  obverse1 Hwan -  reverse

© elier.am85

Features

Issuer South Korea
Period Republic (1948-date)
Type Standard banknote
Year 1953
Value 1 Hwan (1)
Currency Hwan (1953-1962)
Composition Paper
Size 111 × 54 mm
Shape Rectangular
Demonetized 06-10-1962
Number N# 210942
Numista (https://numista.com)
References P# 11
Tracy L. Schmidt (editor); 2019. Standard Catalog of World Paper Money. Modern issues 1961-present (25th edition). Krause Publications, Iola, Wisconsin, USA.
And 2 more volumes.

Obverse

Denomination

Scripts: Chinese, Hangul

Lettering:
券行銀國韓


行銀國韓

Translation: Korean banknote, One Won, The Bank of Korea

Reverse

Emblem of the Bank of Korea

Scripts: Chinese, Hangul, Latin

Lettering:
The Bank of Korea
圜壹
ONE
WON

Translation: One Hwan, One Won

Comments

NOTE:  The term "Hwan" is written in Hanja (圜) while "Won" is written in Hangul (원) and English. Those problems were attributed to an urgent need for new banknotes and the change in currency name, as well as the decision to commission the new notes to be manufactured in the United States. Unaware banknote catalog editors may erroneously categorize these notes as part of the old won system, such as the Standard Catalog of World Paper Money by Albert Pick

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Date VG F VF XF AU UNC Frequency
ND (1953)  36% Thick paper, without watermark
ND (1953)  59% Thin paper, with watermark

Frequencies show the percentage of Numista users who own each year or variety among all the users who own this banknote. Since some users own several versions, the sum may be greater than 100%.

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