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50 Sen Bank of Chosen Note

1937　・　paper　・　20th century　・　Bank of Chosen

50 Sen Bank of Chosen Note（obverse）obverse50 Sen Bank of Chosen Note（reverse）reverse
The Bank of Chosen / Public domain（Wikimedia Commons）

A 50 sen note from 1937. This is a small-denomination note from a period when the wartime atmosphere was intensifying. The issuance of Bank of Chosen notes increased rapidly towards the end of the war, leading to inflation immediately after liberation. This small-denomination paper marks the beginning of an era of massive over-issuance.