Won Series Iii Appraisal

South Korean 1,000 Won Banknote (Series III)

This is a South Korean 1,000 Won banknote (천원), predominantly purple and blue in hue, featuring the portrait of the Joseon-era Confucian scholar Yi Hwang (Toegye). The physical dimensions for this series (issued starting in 2007) are approximately 136 x 68 mm. The obverse side displays the portrait alongside the Myeongryundang at Seonggyungwan and plum blossoms, which were significant to the scholar. The serial number 'DH 7327498 D' is visible in two locations: the top left and bottom right. Regarding condition, the note exhibits a heavy vertical center fold and several horizontal and diagonal creases, indicating it has been in active circulation. There is noticeable softening of the paper corners and general surface wear. The paper appears somewhat 'limp' rather than crisp. Notable security features include microprinting, a color-shifting ink design, and a watermark (though the latter is not fully visible in this light). The engraving quality is high, particularly the fine linework on the portrait's beard and traditional hat (jeongjagwan). There are no significant tears or large missing pieces, but the overall grading would fall into the 'Circulated' or 'Very Fine' category at best due to the significant folding.