Digital museum showcasing the collection of worldwide legends over the years! 千古不朽博物館展示多年來收藏的世界傳奇故事!
Korean Empire
1 Chon
Gwang Mu 10th year
大韓帝國
一錢
光武十年
Item number: A1356
Year: AD 1906
Material: Copper
Size: 25.5 x 25.5 mm
Provenance: Fuchin Coin 2024
This coin is a Korean Empire 5 Fen copper coin, issued in the 10th year of Gwangmu (AD 1906) during the reign of Emperor Gojong. The obverse features an imperial eagle, a symbol of authority, surrounded by the inscription “大韓·光武二年·일젼·1 CHON”. Both “일젼” and “1 CHON” refer to 1 Jeon. The reverse shows the denomination “一錢” (one Jeon) in the centre, with plum blossoms and a wreath surrounding it.
The first Korean coin was minted on December 4, AD 1892, but it was not officially issued until August 20, AD 1894. The delay was mainly due to opposition from the Chinese warlord Yuan Shikai, who objected to the inclusion of the term “大韓” (Great Korea) on the coin. As a result, the coins minted in AD 1893 and 1894 did not feature this inscription. It was only after China’s defeat in the First Sino-Japanese War that coins bearing the inscriptions “大韓” and “韓國” (Korea) were issued.
The Gwangmu era (AD 1897–1907) was a crucial period of political, economic, and cultural reform in Korea. During this time, Korea sought to strengthen itself and assert independence amidst both internal and external pressures. The reform of the monetary system was an integral part of this process, and the Gwangmu 10th-year 1 Jeon copper coin embodies this reform. It represents Korea’s attempt to modernise its currency system in response to international challenges, strengthening its national identity and efforts to break free from foreign control.