W50,000 Bill Unveiled

      February 26, 2009 08:11

      The Bank of Korea on Wednesday unveiled a new W50,000 bill, the largest denomination banknote in Korea. Its front shows a portrait of Shin Saimdang, a prominent 16th-century female artist, calligrapher, and mother of Confucian scholar Yulgok. This is the first Korean banknote that features the portrait of a woman. The bills will go into circulation in June.

      Shin's portrait on the banknote was drawn afresh by the design research office of the Korea Minting and Security Printing Corporation based on the authorized portrait of hers kept at Ojukheon, her old home in Gangneung, Gangwon Province. It was drawn by the renowned artist Kim Eun-ho in the 1960s.

      /Courtesy of the Bank of Korea

      The W50,000 bill is of the same length as the current 10,000-won bill, but 6 mm wider. New anti-forgery features are added using state-of-the-art security technology, such as a hologram stripe, a moving image in a stripe band, and serial numbers that look bigger to the right.

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