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5 Fun Copper (504th Year of the Founding)

1895　・　copper　・　19th century　・　Jeonhwanguk (Bureau of Currency)

5 Fun Copper (504th Year of the Founding)（obverse）5 Fun Copper (504th Year of the Founding)（reverse）
The government of the Kingdom of Great(er) Joseon. / Public domain（Wikimedia Commons）

A 5 fun copper coin dated the 504th year of the Joseon dynasty (1895). The New Monetary Ordinance established a system of silver, cupronickel, copper, and brass coins. The 5 fun copper coin served as a small denomination. Daily small payments transitioned from holed cash coins to Western-style round coins.